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

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in VABS. HighTower Advisors LLC grew its holdings in shares of Virtus Newfleet ABS/MBS ETF by 1.4% during the fourth 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. Stapp Wealth Management Pllc lifted its stake in shares of Virtus Newfleet ABS/MBS ETF by 4.1% during the fourth quarter. Stapp Wealth Management Pllc now owns 78,504 shares of the company’s stock valued at $1,904,000 after buying an additional 3,080 shares during the period. PFG Advisors lifted its stake in shares of Virtus Newfleet ABS/MBS ETF by 16.1% during the fourth quarter. PFG Advisors now owns 58,747 shares of the company’s stock valued at $1,425,000 after buying an additional 8,150 shares during the period. Creative Financial Designs Inc. ADV boosted its position in Virtus Newfleet ABS/MBS ETF by 0.3% during the fourth 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 last quarter. Finally, &PARTNERS grew 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 acquiring an additional 4,592 shares during the period.

Virtus Newfleet ABS/MBS ETF Price Performance

Shares of NYSEARCA:VABS remained flat at $24.18 on Friday. The stock had a trading volume of 17,479 shares, compared to its average volume of 14,633. Virtus Newfleet ABS/MBS ETF has a twelve month low of $24.09 and a twelve month high of $24.69. The business has a 50-day moving average of $24.18 and a 200 day moving average of $24.25.

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.