Short Interest in VanEck Onchain Economy ETF (BATS:NODE) Expands By 74.0%

VanEck Onchain Economy ETF (BATS:NODEGet Free Report) saw a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 4,330 shares, a growth of 74.0% from the May 14th total of 2,488 shares. Approximately 1.6% of the shares of the company are short sold. Based on an average daily volume of 11,691 shares, the days-to-cover ratio is presently 0.4 days.

VanEck Onchain Economy ETF Stock Performance

BATS:NODE opened at $46.18 on Tuesday. VanEck Onchain Economy ETF has a 12-month low of $27.55 and a 12-month high of $54.32. The business has a 50 day simple moving average of $42.24 and a 200 day simple moving average of $38.49.

Hedge Funds Weigh In On VanEck Onchain Economy ETF

Several large investors have recently bought and sold shares of the stock. Echo45 Advisors LLC boosted its stake in VanEck Onchain Economy ETF by 5.6% during the first quarter. Echo45 Advisors LLC now owns 47,762 shares of the company’s stock valued at $1,546,000 after buying an additional 2,544 shares in the last quarter. Commonwealth Equity Services LLC grew its position in VanEck Onchain Economy ETF by 469.0% during the 4th quarter. Commonwealth Equity Services LLC now owns 73,150 shares of the company’s stock worth $2,543,000 after purchasing an additional 60,295 shares in the last quarter. SBE LLC DBA Cedar Cove Wealth Partners acquired a new stake in shares of VanEck Onchain Economy ETF in the fourth quarter worth $4,984,000. Private Wealth Asset Management LLC purchased a new position in shares of VanEck Onchain Economy ETF during the fourth quarter valued at $191,000. Finally, Steel Grove Capital Advisors LLC acquired a new position in shares of VanEck Onchain Economy ETF in the 4th quarter valued at about $488,000.

About VanEck Onchain Economy ETF

(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.

Read More

Receive News & Ratings for VanEck Onchain Economy ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VanEck Onchain Economy ETF and related companies with MarketBeat.com's FREE daily email newsletter.