Virtus Newfleet Short Duration High Yield Bond ETF (NYSEARCA:VSHY) Short Interest Update
by Doug Wharley · The Cerbat GemVirtus Newfleet Short Duration High Yield Bond ETF (NYSEARCA:VSHY – Get Free Report) was the target of a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 17,200 shares, an increase of 67.4% from the May 14th total of 10,276 shares. Based on an average daily volume of 3,785 shares, the short-interest ratio is presently 4.5 days. Approximately 1.2% of the company’s shares are sold short.
Virtus Newfleet Short Duration High Yield Bond ETF Stock Up 0.1%
Shares of Virtus Newfleet Short Duration High Yield Bond ETF stock traded up $0.03 during trading on Tuesday, reaching $21.81. 513 shares of the company were exchanged, compared to its average volume of 2,468. Virtus Newfleet Short Duration High Yield Bond ETF has a twelve month low of $21.40 and a twelve month high of $22.08. The business has a 50-day moving average price of $21.72 and a 200-day moving average price of $21.78.
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 bought a new stake in Virtus Newfleet Short Duration High Yield Bond ETF (NYSEARCA:VSHY – Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 10,197 shares of the company’s stock, valued at approximately $223,000. NewEdge Advisors LLC owned 0.73% of Virtus Newfleet Short Duration High Yield Bond ETF at the end of the most recent quarter.
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.