Virtus Newfleet Short Duration High Yield Bond ETF (NYSEARCA:VSHY) Short Interest Update

Virtus Newfleet Short Duration High Yield Bond ETF (NYSEARCA:VSHY) saw a significant decline in short interest in the month of September. As of September 15th, there was short interest totaling 489 shares, a decline of 76.0% from the August 31st total of 2,037 shares. Based on an average daily volume of 762 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.0% of the company’s shares are short sold.

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 purchased a new stake in shares of Virtus Newfleet Short Duration High Yield Bond ETF (NYSEARCA:VSHY) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 17,517 shares of the company’s stock, valued at approximately $381,000. NewEdge Advisors LLC owned about 1.22% of Virtus Newfleet Short Duration High Yield Bond ETF at the end of the most recent reporting period.

Virtus Newfleet Short Duration High Yield Bond ETF Stock Performance

Shares of NYSEARCA VSHY traded up $0.01 during mid-day trading on Friday, reaching $21.34. 667 shares of the company’s stock were exchanged, compared to its average volume of 2,019. Virtus Newfleet Short Duration High Yield Bond ETF has a 52-week low of $21.30 and a 52-week high of $22.07. The company’s 50-day moving average is $21.64 and its 200-day moving average is $21.68.

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.