Virtus Newfleet Short Duration High Yield Bond ETF (NYSEARCA:VSHY) Short Interest Down 69.8% in July

Virtus Newfleet Short Duration High Yield Bond ETF (NYSEARCA:VSHY) saw a significant decline in short interest in the month of July. As of July 15th, there was short interest totaling 1,141 shares, a decline of 69.8% from the June 30th total of 3,777 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 870 shares, the days-to-cover ratio is currently 1.3 days.

Institutional Trading of Virtus Newfleet Short Duration High Yield Bond ETF

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 shares of Virtus Newfleet Short Duration High Yield Bond ETF (NYSEARCA:VSHY) in the second quarter, according to its most recent disclosure with the SEC. The firm acquired 10,197 shares of the company’s stock, valued at approximately $223,000. NewEdge Advisors LLC owned 0.73% of Virtus Newfleet Short Duration High Yield Bond ETF at the end of the most recent quarter.

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

Shares of NYSEARCA:VSHY opened at $21.59 on Friday. The company has a 50-day simple moving average of $21.72 and a 200-day simple moving average of $21.75. Virtus Newfleet Short Duration High Yield Bond ETF has a one year low of $21.40 and a one year high of $22.08.

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.