Virtus Newfleet Short Duration High Yield Bond ETF (NYSEARCA:VSHY) Stock Short Interest Rises 4,701.2%

Virtus Newfleet Short Duration High Yield Bond ETF (NYSEARCA:VSHY – Get Free Report) was the recipient of a large increase in short interest in September. As of September 30th, there was short interest totaling 23,478 shares, an increase of 4,701.2% from the September 15th total of 489 shares. Currently, 1.6% of the shares of the stock are sold short. Based on an average daily volume of 2,907 shares, the days-to-cover ratio is presently 8.1 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Virtus Newfleet Short Duration High Yield Bond ETF stock. NewEdge Advisors LLC purchased a new position in shares of Virtus Newfleet Short Duration High Yield Bond ETF (NYSEARCA:VSHY – Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 17,517 shares of the company’s stock, valued at approximately $381,000. NewEdge Advisors LLC owned 1.22% of Virtus Newfleet Short Duration High Yield Bond ETF as of its most recent SEC filing.

Virtus Newfleet Short Duration High Yield Bond ETF Stock Performance

NYSEARCA:VSHY opened at $21.35 on Friday. Virtus Newfleet Short Duration High Yield Bond ETF has a 12-month low of $21.11 and a 12-month high of $22.07. The company’s 50-day moving average is $21.57 and its two-hundred day moving average is $21.65.

About Virtus Newfleet Short Duration High Yield Bond ETF

(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.