Virtus Newfleet Short Duration High Yield Bond ETF (NYSEARCA:VSHY) Short Interest Update

Virtus Newfleet Short Duration High Yield Bond ETF (NYSEARCA:VSHY) was the target of a large decrease in short interest in February. As of February 13th, there was short interest totaling 903 shares, a decrease of 18.4% from the January 29th total of 1,106 shares. Based on an average daily volume of 638 shares, the days-to-cover ratio is presently 1.4 days. Currently, 0.1% of the shares of the stock are sold short. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 638 shares, the days-to-cover ratio is presently 1.4 days.

Virtus Newfleet Short Duration High Yield Bond ETF Trading Down 0.2%

Shares of Virtus Newfleet Short Duration High Yield Bond ETF stock traded down $0.04 during trading on Tuesday, hitting $21.82. The stock had a trading volume of 263 shares, compared to its average volume of 2,814. Virtus Newfleet Short Duration High Yield Bond ETF has a 12 month low of $20.63 and a 12 month high of $22.08. The business’s 50-day moving average is $21.87 and its 200 day moving average is $21.91.

Virtus Newfleet Short Duration High Yield Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Investors of record on Friday, February 20th were given a $0.1098 dividend. This represents a c) annualized dividend and a dividend yield of 6.0%. This is a positive change from Virtus Newfleet Short Duration High Yield Bond ETF’s previous monthly dividend of $0.06. The ex-dividend date was Friday, February 20th.

Hedge Funds Weigh In On Virtus Newfleet Short Duration High Yield Bond ETF

An institutional investor recently bought a new position in Virtus Newfleet Short Duration High Yield Bond ETF stock. NewEdge Advisors LLC purchased a new position in Virtus Newfleet Short Duration High Yield Bond ETF (NYSEARCA:VSHY) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 10,197 shares of the company’s stock, valued at approximately $223,000. NewEdge Advisors LLC owned about 0.73% of Virtus Newfleet Short Duration High Yield Bond ETF at the end of the most recent reporting period.

About Virtus Newfleet Short Duration High Yield Bond ETF

The Virtus Newfleet Short Duration High Yield Bond ETF (VSHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund actively invests in high yield debt securities from US and emerging market issuers, while targeting a portfolio duration of one to three years. VSHY was launched on Dec 5, 2016 and is issued by Virtus Investment Partners.