Virtus Newfleet Short Duration High Yield Bond ETF (NYSEARCA:VSHY) Sees Large Increase in Short Interest

Virtus Newfleet Short Duration High Yield Bond ETF (NYSEARCA:VSHYGet Free Report) saw a large growth in short interest in the month of February. As of February 27th, there was short interest totaling 1,219 shares, a growth of 35.0% from the February 12th total of 903 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 8,803 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 8,803 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the shares of the company are sold short.

Virtus Newfleet Short Duration High Yield Bond ETF Price Performance

Virtus Newfleet Short Duration High Yield Bond ETF stock traded up $0.12 during trading on Monday, hitting $21.71. The stock had a trading volume of 104 shares, compared to its average volume of 2,451. The stock’s 50 day moving average is $21.85 and its two-hundred day moving average is $21.90. Virtus Newfleet Short Duration High Yield Bond ETF has a 1 year low of $20.63 and a 1 year high of $22.08.

Virtus Newfleet Short Duration High Yield Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Investors of record on Friday, February 20th were issued a $0.1098 dividend. This is an increase from Virtus Newfleet Short Duration High Yield Bond ETF’s previous monthly dividend of $0.06. The ex-dividend date of this dividend was Friday, February 20th. This represents a c) annualized dividend and a yield of 6.1%.

Institutional Investors Weigh In On 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 bought a new position in shares of Virtus Newfleet Short Duration High Yield Bond ETF (NYSEARCA:VSHYFree Report) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 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 as of its most recent SEC filing.

Virtus Newfleet Short Duration High Yield Bond ETF Company Profile

(Get Free Report)

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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