VanEck Environmental Services ETF (NYSEARCA:EVX – Get Free Report) was the recipient of a large decrease in short interest during the month of May. As of May 29th, there was short interest totaling 2,018 shares, a decrease of 87.2% from the May 14th total of 15,710 shares. Based on an average daily volume of 4,985 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.1% of the shares of the company are short sold.
VanEck Environmental Services ETF Trading Up 0.8%
Shares of NYSEARCA:EVX opened at $39.20 on Friday. The stock has a 50 day moving average of $39.54 and a 200 day moving average of $39.68. The company has a market cap of $95.26 million, a PE ratio of 32.83 and a beta of 0.91. VanEck Environmental Services ETF has a 12-month low of $36.44 and a 12-month high of $42.44.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently modified their holdings of EVX. Bank of America Corp DE boosted its stake in shares of VanEck Environmental Services ETF by 80.4% during the 2nd quarter. Bank of America Corp DE now owns 112,167 shares of the company’s stock worth $4,295,000 after purchasing an additional 50,004 shares during the period. National Bank of Canada FI boosted its stake in shares of VanEck Environmental Services ETF by 83.3% during the 3rd quarter. National Bank of Canada FI now owns 95,891 shares of the company’s stock worth $3,731,000 after purchasing an additional 43,585 shares during the period. Harel Insurance Investments & Financial Services Ltd. boosted its stake in shares of VanEck Environmental Services ETF by 23.2% during the 1st quarter. Harel Insurance Investments & Financial Services Ltd. now owns 68,549 shares of the company’s stock worth $2,654,000 after purchasing an additional 12,889 shares during the period. LPL Financial LLC increased its stake in VanEck Environmental Services ETF by 49.5% in the fourth quarter. LPL Financial LLC now owns 68,121 shares of the company’s stock worth $2,604,000 after purchasing an additional 22,547 shares during the period. Finally, Capital Analysts LLC increased its stake in VanEck Environmental Services ETF by 8.4% in the fourth quarter. Capital Analysts LLC now owns 25,883 shares of the company’s stock worth $989,000 after purchasing an additional 2,008 shares during the period.
About VanEck Environmental Services ETF
Market Vectors Environmental Services ETF (the Fund) seeks to replicate the price and yield performance of the NYSE Arca Environmental Services Index (the Index). The Index is a modified equal dollar-weighted index consisting of publicly traded companies that are involved in the management, removal and storage of consumer waste and industrial by-products and related environmental services. The Fund is passively managed and may not hold each Index component in the same weighting as the Index. The Fund thus may not exactly replicate the performance of the Index.
Featured Articles
- Five stocks we like better than VanEck Environmental Services ETF
- Applied Digital Is Building a $36 Billion AI Real Estate Empire
- Why Oracle’s 10% Drop May Be Telling the Wrong Story
- Build On a Strong Earnings Season With These 3 ETFs
- Microsoft Just Gave Investors 3 Dates They Can’t Afford to Ignore
Receive News & Ratings for VanEck Environmental Services ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VanEck Environmental Services ETF and related companies with MarketBeat.com's FREE daily email newsletter.
-inc-logo-1200x675.png){kind=logo}
