Short Interest in Virtus Newfleet ABS/MBS ETF (NYSEARCA:VABS) Decreases By 60.8%

Virtus Newfleet ABS/MBS ETF (NYSEARCA:VABS) was the recipient of a large decrease in short interest in April. As of April 15th, there was short interest totaling 18,059 shares, a decrease of 60.8% from the March 31st total of 46,028 shares. Approximately 0.6% of the shares of the company are sold short. Based on an average daily volume of 853 shares, the short-interest ratio is currently 21.2 days.

Virtus Newfleet ABS/MBS ETF Trading Up 0.1%

VABS stock traded up $0.03 during trading on Monday, reaching $24.20. The company’s stock had a trading volume of 1,878 shares, compared to its average volume of 4,601. Virtus Newfleet ABS/MBS ETF has a 1 year low of $24.10 and a 1 year high of $24.69. The company’s fifty day moving average is $24.27 and its 200-day moving average is $24.30.

Institutional Investors Weigh In On Virtus Newfleet ABS/MBS ETF

A number of institutional investors have recently bought and sold shares of the business. HighTower Advisors LLC increased its stake in Virtus Newfleet ABS/MBS ETF by 1.4% in the 4th quarter. HighTower Advisors LLC now owns 35,623 shares of the company’s stock worth $864,000 after buying an additional 503 shares in the last quarter. Creative Financial Designs Inc. ADV increased its stake in Virtus Newfleet ABS/MBS ETF by 0.3% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 196,470 shares of the company’s stock worth $4,765,000 after buying an additional 640 shares in the last quarter. Stapp Wealth Management Pllc increased its stake in Virtus Newfleet ABS/MBS ETF by 4.1% in the 4th quarter. Stapp Wealth Management Pllc now owns 78,504 shares of the company’s stock worth $1,904,000 after buying an additional 3,080 shares in the last quarter. &PARTNERS increased its stake in Virtus Newfleet ABS/MBS ETF by 23.9% in the 4th quarter. &PARTNERS now owns 23,825 shares of the company’s stock worth $578,000 after buying an additional 4,592 shares in the last quarter. Finally, PFG Advisors increased its stake in Virtus Newfleet ABS/MBS ETF by 16.1% in the 4th quarter. PFG Advisors now owns 58,747 shares of the company’s stock worth $1,425,000 after buying an additional 8,150 shares in the last quarter.

About Virtus Newfleet ABS/MBS ETF

The Virtus Newfleet ABS\u002FMBS ETF (VABS) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that invests in US asset-backed and mortgage-backed securities guaranteed by both government and non-government entities. VABS was launched on Feb 9, 2021 and is managed by Virtus.