Virtus Newfleet Short Duration High Yield Bond ETF (NYSEARCA:VSHY) Sees Significant Drop in Short Interest

Virtus Newfleet Short Duration High Yield Bond ETF (NYSEARCA:VSHYGet Free Report) was the target of a large drop in short interest in the month of July. As of July 15th, there was short interest totaling 1,141 shares, a drop of 69.8% from the June 30th total of 3,777 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 870 shares, the days-to-cover ratio is presently 1.3 days.

Virtus Newfleet Short Duration High Yield Bond ETF Stock Performance

Virtus Newfleet Short Duration High Yield Bond ETF stock opened at $21.59 on Friday. The stock’s 50 day moving average price is $21.72 and its 200 day moving average price is $21.75. Virtus Newfleet Short Duration High Yield Bond ETF has a 1-year low of $21.40 and a 1-year high of $22.08.

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 position in shares of Virtus Newfleet Short Duration High Yield Bond ETF (NYSEARCA:VSHYFree Report) during the second quarter, according to its most recent 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 approximately 0.73% of Virtus Newfleet Short Duration High Yield Bond ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Virtus Newfleet Short Duration High Yield Bond ETF Company Profile

(Get Free Report)

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.

See Also

Receive News & Ratings for Virtus Newfleet Short Duration High Yield Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Virtus Newfleet Short Duration High Yield Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.