Virtus Newfleet Short Duration High Yield Bond ETF (NYSEARCA:VSHY) Short Interest Update

Virtus Newfleet Short Duration High Yield Bond ETF (NYSEARCA:VSHY) saw a large decline in short interest during the month of March. As of March 31st, there was short interest totaling 909 shares, a decline of 42.8% from the March 15th total of 1,590 shares. Based on an average trading volume of 1,310 shares, the short-interest ratio is presently 0.7 days. Approximately 0.1% of the shares of the stock 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 acquired a new stake in shares of Virtus Newfleet Short Duration High Yield Bond ETF (NYSEARCA:VSHY) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 10,197 shares of the company’s stock, valued at approximately $223,000. NewEdge Advisors LLC owned about 0.73% of Virtus Newfleet Short Duration High Yield Bond ETF at the end of the most recent quarter.

Virtus Newfleet Short Duration High Yield Bond ETF Stock Performance

Shares of NYSEARCA VSHY remained flat at $21.77 during mid-day trading on Tuesday. 2,029 shares of the stock were exchanged, compared to its average volume of 2,011. Virtus Newfleet Short Duration High Yield Bond ETF has a 52 week low of $20.69 and a 52 week high of $22.08. The stock has a 50 day moving average of $21.73 and a 200 day moving average of $21.84.

Virtus Newfleet Short Duration High Yield Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, February 27th. Investors of record on Friday, February 20th were given a $0.1098 dividend. This represents a c) dividend on an annualized basis and a yield of 6.1%. The ex-dividend date was Friday, February 20th. This is a boost from Virtus Newfleet Short Duration High Yield Bond ETF’s previous monthly dividend of $0.06.

About Virtus Newfleet Short Duration High Yield Bond ETF

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.