Virtus Newfleet Multi-Sector Bond ETF (NYSEARCA:NFLT) Short Interest Update

Virtus Newfleet Multi-Sector Bond ETF (NYSEARCA:NFLT) was the recipient of a significant drop in short interest during the month of July. As of July 31st, there was short interest totaling 27,387 shares, a drop of 54.3% from the July 15th total of 59,931 shares. Based on an average daily volume of 97,719 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.1% of the shares of the company are short sold.

Virtus Newfleet Multi-Sector Bond ETF Trading Down 0.1%

Shares of Virtus Newfleet Multi-Sector Bond ETF stock traded down $0.02 on Friday, reaching $22.84. 55,181 shares of the stock were exchanged, compared to its average volume of 87,330. The business has a 50 day moving average price of $22.88 and a two-hundred day moving average price of $22.96. Virtus Newfleet Multi-Sector Bond ETF has a twelve month low of $22.57 and a twelve month high of $23.51.

Institutional Trading of Virtus Newfleet Multi-Sector Bond ETF

A hedge fund recently raised its stake in Virtus Newfleet Multi-Sector Bond ETF stock. EverSource Wealth Advisors LLC lifted its holdings in Virtus Newfleet Multi-Sector Bond ETF (NYSEARCA:NFLT) by 32.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 91,888 shares of the company’s stock after acquiring an additional 22,624 shares during the quarter. EverSource Wealth Advisors LLC owned 0.50% of Virtus Newfleet Multi-Sector Bond ETF worth $2,090,000 as of its most recent SEC filing.

About Virtus Newfleet Multi-Sector Bond ETF

The Virtus Newfleet Multi-Sector Bond ETF (NFLT) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed portfolio of bonds. The portfolio managers can invest in domestic, international and emerging market bonds, USD- or non-USD denominated, investment grade or high yield and in any sector. NFLT was launched on Aug 11, 2015 and is managed by Virtus.