Virtus Convertible & Income 2024 Target Term Fund (NYSE:CBH) Short Interest Update

Virtus Convertible & Income 2024 Target Term Fund (NYSE:CBH) was the recipient of a significant growth in short interest in the month of June. As of June 30th, there was short interest totalling 27,100 shares, a growth of 15.3% from the June 15th total of 23,500 shares. Based on an average trading volume of 42,700 shares, the short-interest ratio is currently 0.6 days.

Virtus Convertible & Income 2024 Target Term Fund Stock Down 0.1 %

NYSE CBH traded down $0.01 during trading hours on Wednesday, hitting $9.05. The company had a trading volume of 123,128 shares, compared to its average volume of 50,870. The firm has a 50 day simple moving average of $8.97 and a 200 day simple moving average of $8.86. Virtus Convertible & Income 2024 Target Term Fund has a 52 week low of $8.40 and a 52 week high of $9.12.

Institutional Trading of Virtus Convertible & Income 2024 Target Term Fund

Hedge funds and other institutional investors have recently bought and sold shares of the company. Signaturefd LLC grew its holdings in shares of Virtus Convertible & Income 2024 Target Term Fund by 7,617.4% during the fourth quarter. Signaturefd LLC now owns 10,187 shares of the company’s stock worth $89,000 after purchasing an additional 10,055 shares in the last quarter. Bulldog Investors LLP purchased a new position in Virtus Convertible & Income 2024 Target Term Fund in the 4th quarter worth approximately $149,000. B. Riley Wealth Advisors Inc. bought a new position in shares of Virtus Convertible & Income 2024 Target Term Fund in the 1st quarter worth $156,000. Finally, StoneX Group Inc. purchased a new stake in shares of Virtus Convertible & Income 2024 Target Term Fund during the 4th quarter valued at $623,000.

Virtus Convertible & Income 2024 Target Term Fund Company Profile

Virtus Convertible & Income 2024 Target Term Fund is a closed ended balanced mutual fund launched and managed by Allianz Global Investors U.S. LLC. The fund invests in the public equity and fixed incomes markets of the United States. It invests in stocks of companies operating across diversified sectors.