Virtus Newfleet Multi-Sector Bond ETF (NYSEARCA:NFLT) Stock Short Interest Report for October

Virtus Newfleet Multi-Sector Bond ETF (NYSEARCA:NFLT) was the target of a significant drop in short interest in October. As of October 30th, there was short interest totaling 4,992 shares, a drop of 97.4% from the October 15th total of 188,981 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 141,379 shares, the short-interest ratio is presently 0.0 days.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the stock. Fifth Third Securities Inc. acquired a new stake in Virtus Newfleet Multi-Sector Bond ETF in the 3rd quarter worth about $4,168,000. EverSource Wealth Advisors LLC raised its holdings in shares of Virtus Newfleet Multi-Sector Bond ETF by 32.7% during the first quarter. EverSource Wealth Advisors LLC now owns 91,888 shares of the company’s stock valued at $2,090,000 after acquiring an additional 22,624 shares during the last quarter. Harbour Investments Inc. purchased a new position in shares of Virtus Newfleet Multi-Sector Bond ETF in the third quarter valued at approximately $104,000. Finally, Roxbury Financial LLC purchased a new position in shares of Virtus Newfleet Multi-Sector Bond ETF in the third quarter valued at approximately $33,000.

Virtus Newfleet Multi-Sector Bond ETF Stock Down 0.2%

Shares of NYSEARCA NFLT traded down $0.05 during trading on Thursday, hitting $22.23. The company had a trading volume of 96,880 shares, compared to its average volume of 113,271. The stock has a fifty day simple moving average of $22.32 and a two-hundred day simple moving average of $22.79. Virtus Newfleet Multi-Sector Bond ETF has a fifty-two week low of $21.97 and a fifty-two week high of $23.34.

Virtus Newfleet Multi-Sector Bond ETF Company Profile

The Virtus Newfleet Multi-Sector Bond ETF (NFLT) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed portfolio of bonds. The portfolio managers can invest in domestic, international and emerging market bonds, USD- or non-USD denominated, investment grade or high yield and in any sector. NFLT was launched on Aug 11, 2015 and is managed by Virtus.