Virtus Dividend, Interest & Premium Strategy Fund (NYSE:NFJ) Stock Short Interest Rises 214.2%

Posted by George Bondi on Oct 13th, 2026

Virtus Dividend, Interest & Premium Strategy Fund (NYSE:NFJ – Get Free Report) was the recipient of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 515,445 shares, an increase of 214.2% from the September 15th total of 164,041 shares. Based on an average daily volume of 325,815 shares, the days-to-cover ratio is presently 1.6 days.

Virtus Dividend, Interest & Premium Strategy Fund Stock Performance

Virtus Dividend, Interest & Premium Strategy Fund stock traded up $0.09 during mid-day trading on Tuesday, reaching $15.00. The stock had a trading volume of 487,102 shares, compared to its average volume of 205,057. The company has a 50-day moving average price of $15.34 and a two-hundred day moving average price of $14.77. Virtus Dividend, Interest & Premium Strategy Fund has a one year low of $12.25 and a one year high of $15.75.

Virtus Dividend, Interest & Premium Strategy Fund Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 29th. Shareholders of record on Monday, September 14th were issued a $0.3050 dividend. The ex-dividend date of this dividend was Monday, September 14th. This represents a $1.22 annualized dividend and a yield of 8.1%.

Institutional Investors Weigh In On Virtus Dividend, Interest & Premium Strategy Fund

A number of institutional investors have recently made changes to their positions in the company. Saba Capital Management L.P. lifted its position in Virtus Dividend, Interest & Premium Strategy Fund by 18.2% in the 1st quarter. Saba Capital Management L.P. now owns 10,213,194 shares of the investment management company’s stock valued at $128,788,000 after acquiring an additional 1,573,163 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its stake in Virtus Dividend, Interest & Premium Strategy Fund by 1.3% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 1,673,273 shares of the investment management company’s stock valued at $21,100,000 after purchasing an additional 21,385 shares during the last quarter. Arete Wealth Advisors LLC bought a new stake in shares of Virtus Dividend, Interest & Premium Strategy Fund in the 1st quarter worth $6,757,000. Advisor OS LLC increased its holdings in shares of Virtus Dividend, Interest & Premium Strategy Fund by 221.1% in the 2nd quarter. Advisor OS LLC now owns 167,200 shares of the investment management company’s stock worth $2,540,000 after purchasing an additional 115,128 shares in the last quarter. Finally, Evolve Private Wealth LLC bought a new stake in shares of Virtus Dividend, Interest & Premium Strategy Fund in the 2nd quarter worth $2,483,000.

About Virtus Dividend, Interest & Premium Strategy Fund

(Get Free Report)

Virtus Dividend, Interest & Premium Strategy Fund is a closed-end investment company listed on the New York Stock Exchange under the symbol NFJ. The fund seeks to provide current income and long-term capital appreciation through a diversified portfolio of income-producing securities.

The fund generally invests across three primary areas: dividend-paying common stocks, convertible securities and below-investment-grade corporate bonds. It also uses an options strategy, including writing covered call options, to generate additional premium income and potentially manage portfolio risk.