VanEck Onchain Economy ETF (BATS:NODE) Sees Significant Increase in Short Interest

VanEck Onchain Economy ETF (BATS:NODE – Get Free Report) was the target of a significant growth in short interest in the month of October. As of October 30th, there was short interest totaling 42,789 shares, a growth of 638.6% from the October 15th total of 5,793 shares. Currently, 2.5% of the shares of the company are sold short. Based on an average daily volume of 28,864 shares, the short-interest ratio is currently 1.5 days.

Hedge Funds Weigh In On VanEck Onchain Economy ETF

A number of institutional investors have recently bought and sold shares of the business. FreeGulliver LLC purchased a new stake in shares of VanEck Onchain Economy ETF in the 3rd quarter valued at $1,014,000. HighTower Advisors LLC boosted its holdings in VanEck Onchain Economy ETF by 92.2% in the third quarter. HighTower Advisors LLC now owns 40,686 shares of the company’s stock valued at $1,591,000 after purchasing an additional 19,512 shares during the last quarter. Ethic Inc. purchased a new stake in VanEck Onchain Economy ETF in the third quarter valued at $2,949,000. IFP Advisors Inc purchased a new stake in VanEck Onchain Economy ETF in the third quarter valued at $106,000. Finally, SBE LLC DBA Cedar Cove Wealth Partners acquired a new stake in VanEck Onchain Economy ETF during the 3rd quarter worth about $7,008,000.

VanEck Onchain Economy ETF Stock Down 1.9%

Shares of BATS:NODE opened at $29.50 on Wednesday. VanEck Onchain Economy ETF has a 52-week low of $26.43 and a 52-week high of $54.32. The stock has a market cap of $50.15 million and a price-to-earnings ratio of 16.80. The business has a 50-day moving average price of $36.53 and a 200-day moving average price of $38.57.

VanEck Onchain Economy ETF Company Profile

(Get Free Report)

The Vaneck Funds – Onchain Economy ETF (NODE) is an exchange-traded fund that trades on the BATS exchange in the United States.

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