Virtus Newfleet ABS/MBS ETF (NYSEARCA:VABS) Short Interest Update

Virtus Newfleet ABS/MBS ETF (NYSEARCA:VABS) saw a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 35,625 shares, an increase of 89.3% from the May 31st total of 18,818 shares. Based on an average daily trading volume, of 124,198 shares, the short-interest ratio is currently 0.3 days. Currently, 1.1% of the company’s stock are short sold.

Virtus Newfleet ABS/MBS ETF Price Performance

VABS traded down $0.01 during trading on Wednesday, reaching $24.16. 1,687 shares of the stock were exchanged, compared to its average volume of 14,599. Virtus Newfleet ABS/MBS ETF has a twelve month low of $24.09 and a twelve month high of $24.69. The stock’s 50 day moving average price is $24.18 and its two-hundred day moving average price is $24.25.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of VABS. Jane Street Group LLC raised its stake in Virtus Newfleet ABS/MBS ETF by 33.8% in the second quarter. Jane Street Group LLC now owns 37,625 shares of the company’s stock valued at $924,000 after buying an additional 9,511 shares during the period. &PARTNERS boosted its stake in shares of Virtus Newfleet ABS/MBS ETF by 23.9% during the 4th quarter. &PARTNERS now owns 23,825 shares of the company’s stock worth $578,000 after acquiring an additional 4,592 shares during the period. Creative Financial Designs Inc. ADV boosted its stake in shares of Virtus Newfleet ABS/MBS ETF by 0.3% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 196,470 shares of the company’s stock worth $4,765,000 after acquiring an additional 640 shares during the period. HighTower Advisors LLC increased its holdings in shares of Virtus Newfleet ABS/MBS ETF by 1.4% during the 4th quarter. HighTower Advisors LLC now owns 35,623 shares of the company’s stock worth $864,000 after acquiring an additional 503 shares during the last quarter. Finally, Envestnet Asset Management Inc. bought a new stake in Virtus Newfleet ABS/MBS ETF in the 3rd quarter valued at $608,000.

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.