VanEck Long/Flat Trend ETF (NYSEARCA:LFEQ – Get Free Report) saw a large drop in short interest in July. As of July 15th, there was short interest totaling 84 shares, a drop of 45.8% from the June 30th total of 155 shares. Based on an average daily volume of 2,195 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are sold short.
Institutional Investors Weigh In On VanEck Long/Flat Trend ETF
An institutional investor recently raised its position in VanEck Long/Flat Trend ETF stock. J2 Capital Management Inc grew its holdings in VanEck Long/Flat Trend ETF (NYSEARCA:LFEQ – Free Report) by 11.6% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 5,024 shares of the company’s stock after buying an additional 521 shares during the quarter. J2 Capital Management Inc owned 1.00% of VanEck Long/Flat Trend ETF worth $272,000 as of its most recent filing with the SEC.
VanEck Long/Flat Trend ETF Price Performance
Shares of NYSEARCA LFEQ traded down $0.91 during trading hours on Wednesday, reaching $58.06. The stock had a trading volume of 1,378 shares, compared to its average volume of 1,156. The business’s fifty day moving average is $59.28 and its two-hundred day moving average is $56.33. The company has a market cap of $27.29 million, a price-to-earnings ratio of 25.47 and a beta of 0.75. VanEck Long/Flat Trend ETF has a twelve month low of $49.61 and a twelve month high of $60.38.
About VanEck Long/Flat Trend ETF
The VanEck Long\u002FFlatTrend ETF (LFEQ) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index that uses technical signals to determine an allocation between the S&P 500 and US Treasury bills. The fund may use ETFs for equity exposure. LFEQ was launched on Oct 4, 2017 and is managed by VanEck.
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