Virtus Private Credit Strategy ETF (NYSEARCA:VPC) Sees Significant Increase in Short Interest

Virtus Private Credit Strategy ETF (NYSEARCA:VPC) was the target of a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 95,600 shares, a growth of 92.7% from the August 31st total of 49,600 shares. Based on an average daily volume of 19,100 shares, the days-to-cover ratio is presently 5.0 days. Based on an average daily volume of 19,100 shares, the days-to-cover ratio is presently 5.0 days.

Virtus Private Credit Strategy ETF Stock Down 0.9%

Virtus Private Credit Strategy ETF stock opened at $18.84 on Tuesday. The company’s 50-day moving average price is $20.15 and its 200-day moving average price is $20.32. The company has a market cap of $52.75 million, a PE ratio of 8.80 and a beta of 1.01. Virtus Private Credit Strategy ETF has a twelve month low of $17.99 and a twelve month high of $23.05.

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.