Virtus Dividend, Interest & Premium Strategy Fund (NYSE:NFJ) Shares Shorted: Short Interest Up 252.5% in September

Posted by Francis Steltz on Sep 27th, 2026

Virtus Dividend, Interest & Premium Strategy Fund (NYSE:NFJ – Get Free Report) saw a large increase in short interest in September. As of September 15th, there was short interest totaling 164,041 shares, an increase of 252.5% from the August 31st total of 46,534 shares. Based on an average daily volume of 240,145 shares, the short-interest ratio is presently 0.7 days.

Virtus Dividend, Interest & Premium Strategy Fund Trading Up 0.3%

NFJ stock traded up $0.05 during mid-day trading on Friday, reaching $15.11. The company’s stock had a trading volume of 244,891 shares, compared to its average volume of 191,359. The business’s 50 day moving average price is $15.40 and its 200 day moving average price is $14.58. Virtus Dividend, Interest & Premium Strategy Fund has a 12 month low of $12.25 and a 12 month high of $15.75.

Virtus Dividend, Interest & Premium Strategy Fund Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 29th. Stockholders of record on Monday, September 14th will be given a dividend of $0.3050 per share. The ex-dividend date of this dividend is Monday, September 14th. This represents a $1.22 annualized dividend and a dividend yield of 8.1%.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Saba Capital Management L.P. boosted its stake in Virtus Dividend, Interest & Premium Strategy Fund by 18.2% during the first quarter. Saba Capital Management L.P. now owns 10,213,194 shares of the investment management company’s stock worth $128,788,000 after acquiring an additional 1,573,163 shares in the last quarter. Arete Wealth Advisors LLC acquired a new position in shares of Virtus Dividend, Interest & Premium Strategy Fund during the first quarter valued at about $6,757,000. Evolve Private Wealth LLC acquired a new position in shares of Virtus Dividend, Interest & Premium Strategy Fund during the second quarter valued at about $2,483,000. Advisor OS LLC boosted its position in shares of Virtus Dividend, Interest & Premium Strategy Fund by 221.1% during 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, Readystate Asset Management LP bought a new position in shares of Virtus Dividend, Interest & Premium Strategy Fund during the 2nd quarter worth about $1,412,000.

Virtus Dividend, Interest & Premium Strategy Fund Company Profile

(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.