Virtus Newfleet Short Duration Core Plus Bond ETF (NYSEARCA:SDCP) Short Interest Update

Virtus Newfleet Short Duration Core Plus Bond ETF (NYSEARCA:SDCP) was the recipient of a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 22 shares, an increase of ∞ from the May 14th total of 0 shares. Based on an average daily trading volume, of 24 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.0% of the shares of the stock are short sold.

Virtus Newfleet Short Duration Core Plus Bond ETF Price Performance

SDCP stock traded up $0.04 during mid-day trading on Tuesday, hitting $25.69. The stock had a trading volume of 3,203 shares, compared to its average volume of 477. Virtus Newfleet Short Duration Core Plus Bond ETF has a 52 week low of $25.51 and a 52 week high of $27.06. The firm has a fifty day simple moving average of $25.63 and a 200 day simple moving average of $25.71.

Hedge Funds Weigh In On Virtus Newfleet Short Duration Core Plus Bond ETF

Hedge funds have recently bought and sold shares of the company. Envestnet Asset Management Inc. bought a new position in Virtus Newfleet Short Duration Core Plus Bond ETF in the 3rd quarter valued at about $1,250,000. &PARTNERS boosted its stake in shares of Virtus Newfleet Short Duration Core Plus Bond ETF by 20.1% in the 4th quarter. &PARTNERS now owns 57,503 shares of the company’s stock valued at $1,480,000 after purchasing an additional 9,608 shares in the last quarter. Finally, Jane Street Group LLC acquired a new stake in shares of Virtus Newfleet Short Duration Core Plus Bond ETF in the 2nd quarter valued at approximately $490,000.

Virtus Newfleet Short Duration Core Plus Bond ETF Company Profile

The Virtus Newfleet Short Duration Core Plus Bond ETF (SDCP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that offers exposure to a diverse range of fixed-income securities from around the world. The portfolio comprises debt securities of varying credit qualities and targets an overall short duration, typically ranging from 1 to 3 years. SDCP was launched on Nov 15, 2023 and is issued by Virtus Investment Partners.