Short Interest in Virtus Private Credit Strategy ETF (NYSEARCA:VPC) Expands By 72.3%

Virtus Private Credit Strategy ETF (NYSEARCA:VPC) was the target of a significant growth in short interest in March. As of March 13th, there was short interest totaling 39,651 shares, a growth of 72.3% from the February 26th total of 23,015 shares. Based on an average trading volume of 22,969 shares, the short-interest ratio is currently 1.7 days. Approximately 1.6% of the company’s stock are short sold.

Institutional Trading of Virtus Private Credit Strategy ETF

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

Virtus Private Credit Strategy ETF Trading Down 1.7%

VPC traded down $0.25 during midday trading on Friday, reaching $14.63. The company’s stock had a trading volume of 19,849 shares, compared to its average volume of 24,784. Virtus Private Credit Strategy ETF has a 1 year low of $14.61 and a 1 year high of $21.23. The stock’s 50-day moving average is $16.52 and its 200-day moving average is $17.94. The firm has a market capitalization of $36.58 million, a price-to-earnings ratio of 8.80 and a beta of 0.70.

Virtus Private Credit Strategy ETF Company Profile

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.