VanEck Social Sentiment ETF (NYSEARCA:BUZZ) Stock Short Interest Declines 35.6%
by Michael Walen · The Markets DailyVanEck Social Sentiment ETF (NYSEARCA:BUZZ – Get Free Report) saw a large drop in short interest in the month of September. As of September 30th, there was short interest totaling 234,136 shares, a drop of 35.6% from the September 15th total of 363,489 shares. Based on an average trading volume of 46,795 shares, the short-interest ratio is currently 5.0 days. Currently, 8.8% of the shares of the company are short sold.
VanEck Social Sentiment ETF Stock Performance
VanEck Social Sentiment ETF stock traded down $2.00 during midday trading on Friday, reaching $34.67. 14,053 shares of the company’s stock were exchanged, compared to its average volume of 121,791. VanEck Social Sentiment ETF has a 52 week low of $26.93 and a 52 week high of $41.23. The stock’s 50-day simple moving average is $37.41 and its 200 day simple moving average is $35.97. The firm has a market cap of $114.41 million, a price-to-earnings ratio of 29.26 and a beta of 1.72.
Institutional Trading of VanEck Social Sentiment ETF
A hedge fund recently bought a new stake in VanEck Social Sentiment ETF stock. Cetera Investment Advisers bought a new position in shares of VanEck Social Sentiment ETF (NYSEARCA:BUZZ – Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 14,590 shares of the company’s stock, valued at approximately $420,000. Cetera Investment Advisers owned approximately 0.49% of VanEck Social Sentiment ETF as of its most recent filing with the Securities & Exchange Commission.
About VanEck Social Sentiment ETF
The VanEck Social Sentiment ETF (BUZZ) is an exchange-traded fund that mostly invests in total market equity. The fund holds 75 US-listed firms with the most positive investor sentiment online. The fund uses a proprietary AI model to select and weight stocks. BUZZ was launched on Mar 2, 2021 and is managed by VanEck.
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