Virtus Private Credit Strategy ETF (NYSEARCA:VPC) Short Interest Update

Virtus Private Credit Strategy ETF (NYSEARCA:VPC) was the target of a significant decline in short interest in the month of January. As of January 30th, there was short interest totaling 22,246 shares, a decline of 19.5% from the January 15th total of 27,618 shares. Approximately 0.9% of the shares of the company are sold short. Based on an average daily volume of 17,984 shares, the short-interest ratio is presently 1.2 days. Based on an average daily volume of 17,984 shares, the short-interest ratio is presently 1.2 days. Approximately 0.9% of the shares of the company are sold short.

Virtus Private Credit Strategy ETF Stock Performance

VPC traded down $0.30 during trading on Tuesday, hitting $16.64. The stock had a trading volume of 10,839 shares, compared to its average volume of 24,317. The firm has a market capitalization of $41.60 million, a P/E ratio of 8.80 and a beta of 0.70. Virtus Private Credit Strategy ETF has a twelve month low of $16.53 and a twelve month high of $22.90. The company’s 50-day moving average price is $17.92 and its 200 day moving average price is $18.85.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Virtus Private Credit Strategy ETF stock. Triumph Capital Management purchased a new stake in Virtus Private Credit Strategy ETF (NYSEARCA:VPC) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 2,575 shares of the company’s stock, valued at approximately $49,000. Triumph Capital Management owned approximately 0.09% of Virtus Private Credit Strategy ETF at the end of the most recent reporting period.

About Virtus Private Credit Strategy ETF

The Virtus Private Credit ETF (VPC) is an exchange-traded fund that is based on the Indxx Private Credit index. The fund tracks an index of closed-end funds focused on the private credit market, including business development companies. The index is weighted by dividend yield. VPC was launched on Feb 7, 2019 and is managed by Virtus.