Virtus Newfleet Short Duration High Yield Bond ETF (NYSEARCA:VSHY) Shares Shorted: Short Interest Up 4,701.2% in September

Virtus Newfleet Short Duration High Yield Bond ETF (NYSEARCA:VSHY) saw a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 23,478 shares, a growth of 4,701.2% from the September 15th total of 489 shares. Based on an average trading volume of 2,907 shares, the short-interest ratio is presently 8.1 days. Approximately 1.6% of the shares of the company are sold short.

Virtus Newfleet Short Duration High Yield Bond ETF Stock Up 0.1%

VSHY stock traded up $0.02 during midday trading on Friday, reaching $21.35. 31,232 shares of the company’s stock traded hands, compared to its average volume of 2,159. Virtus Newfleet Short Duration High Yield Bond ETF has a 52-week low of $21.11 and a 52-week high of $22.07. The stock’s 50-day moving average is $21.57 and its 200 day moving average is $21.65.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Virtus Newfleet Short Duration High Yield Bond ETF stock. NewEdge Advisors LLC acquired a new position in Virtus Newfleet Short Duration High Yield Bond ETF (NYSEARCA:VSHY) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 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 Company Profile

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.