Virtus Newfleet Short Duration High Yield Bond ETF (NYSEARCA:VSHY – Get Free Report) was the recipient of a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 17,200 shares, a growth of 67.4% from the May 14th total of 10,276 shares. Currently, 1.2% of the company’s stock are sold short. Based on an average daily trading volume, of 3,785 shares, the short-interest ratio is currently 4.5 days.
Hedge Funds Weigh In On Virtus Newfleet Short Duration High Yield Bond ETF
A hedge fund recently bought a new stake in Virtus Newfleet Short Duration High Yield Bond ETF stock. NewEdge Advisors LLC purchased a new stake in Virtus Newfleet Short Duration High Yield Bond ETF (NYSEARCA:VSHY – Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 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 reporting period.
Virtus Newfleet Short Duration High Yield Bond ETF Stock Performance
VSHY traded down $0.04 during trading on Monday, reaching $21.78. The company had a trading volume of 1,367 shares, compared to its average volume of 2,486. Virtus Newfleet Short Duration High Yield Bond ETF has a 12 month low of $21.40 and a 12 month high of $22.08. The business’s fifty day moving average price is $21.71 and its 200 day moving average price is $21.78.
About Virtus Newfleet Short Duration High Yield Bond ETF
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.
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