Virtus LifeSci Biotech Products ETF (NYSEARCA:BBP) Short Interest Update

Virtus LifeSci Biotech Products ETF (NYSEARCA:BBP) was the recipient of a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 24,355 shares, a growth of 465.6% from the July 15th total of 4,306 shares. Based on an average daily volume of 9,824 shares, the days-to-cover ratio is currently 2.5 days. Currently, 2.4% of the shares of the stock are short sold.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Virtus LifeSci Biotech Products ETF stock. Comprehensive Financial Planning Inc. PA acquired a new position in shares of Virtus LifeSci Biotech Products ETF (NYSEARCA:BBP) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 6,971 shares of the company’s stock, valued at approximately $557,000. Comprehensive Financial Planning Inc. PA owned about 1.27% of Virtus LifeSci Biotech Products ETF as of its most recent SEC filing.

Virtus LifeSci Biotech Products ETF Stock Down 0.8%

Virtus LifeSci Biotech Products ETF stock opened at $101.09 on Friday. Virtus LifeSci Biotech Products ETF has a 12-month low of $66.22 and a 12-month high of $105.21. The firm’s 50-day moving average is $95.36 and its two-hundred day moving average is $88.10.

Virtus LifeSci Biotech Products ETF Company Profile

The Virtus LifeSci Biotech Products ETF (BBP) is an exchange-traded fund that is based on the LifeSci Biotechnology Products index. The fund tracks an index of US-listed biotechnology companies considered to be in the product stage by the index provider. BBP was launched on Dec 17, 2014 and is managed by Virtus.