Virtus Newfleet Short Duration High Yield Bond ETF (NYSEARCA:VSHY) Stock Short Interest Declines 76.0%

Virtus Newfleet Short Duration High Yield Bond ETF (NYSEARCA:VSHY) was the recipient of a significant decrease in short interest during the month of September. As of September 15th, there was short interest totaling 489 shares, a decrease of 76.0% from the August 31st total of 2,037 shares. Based on an average daily trading volume, of 762 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.0% of the shares of the company are short sold.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake 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) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 17,517 shares of the company’s stock, valued at approximately $381,000. NewEdge Advisors LLC owned approximately 1.22% of Virtus Newfleet Short Duration High Yield Bond ETF as of its most recent filing with the Securities and Exchange Commission.

Virtus Newfleet Short Duration High Yield Bond ETF Trading Down 0.3%

Shares of Virtus Newfleet Short Duration High Yield Bond ETF stock traded down $0.07 during trading hours on Monday, reaching $21.27. The stock had a trading volume of 317 shares, compared to its average volume of 2,009. Virtus Newfleet Short Duration High Yield Bond ETF has a twelve month low of $21.30 and a twelve month high of $22.07. The stock’s 50 day moving average is $21.64 and its 200 day moving average is $21.68.

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.