Virtus Newfleet Short Duration High Yield Bond ETF (NYSEARCA:VSHY) Stock Short Interest Rises 4,701.2%

Virtus Newfleet Short Duration High Yield Bond ETF (NYSEARCA:VSHY) saw a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 23,478 shares, a growth of 4,701.2% from the September 15th total of 489 shares. Based on an average daily trading volume, of 2,907 shares, the days-to-cover ratio is currently 8.1 days. Currently, 1.6% of the company’s shares are short sold.

Institutional Investors Weigh In On Virtus Newfleet Short Duration High Yield Bond ETF

A hedge fund recently bought a new stake in Virtus Newfleet Short Duration High Yield Bond ETF stock. NewEdge Advisors LLC acquired a new position in Virtus Newfleet Short Duration High Yield Bond ETF (NYSEARCA:VSHY) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 17,517 shares of the company’s stock, valued at approximately $381,000. NewEdge Advisors LLC owned about 1.22% of Virtus Newfleet Short Duration High Yield Bond ETF as of its most recent SEC filing.

Virtus Newfleet Short Duration High Yield Bond ETF Stock Up 0.1%

Shares of NYSEARCA:VSHY traded up $0.02 during trading on Friday, hitting $21.35. The stock had a trading volume of 31,232 shares, compared to its average volume of 2,159. The firm’s fifty day moving average is $21.57 and its 200 day moving average is $21.65. Virtus Newfleet Short Duration High Yield Bond ETF has a 12 month low of $21.11 and a 12 month high of $22.07.

Virtus Newfleet Short Duration High Yield Bond ETF Company Profile

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.