Virtus Newfleet Short Duration High Yield Bond ETF (NYSEARCA:VSHY) Short Interest Up 677.3% in May

Virtus Newfleet Short Duration High Yield Bond ETF (NYSEARCA:VSHY) was the recipient of a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 10,276 shares, a growth of 677.3% from the April 30th total of 1,322 shares. Based on an average trading volume of 5,731 shares, the short-interest ratio is presently 1.8 days. Approximately 0.7% of the shares of the company are short sold.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Virtus Newfleet Short Duration High Yield Bond ETF stock. NewEdge Advisors LLC bought a new stake in shares of Virtus Newfleet Short Duration High Yield Bond ETF (NYSEARCA:VSHY) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor 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 Stock Down 0.6%

Shares of Virtus Newfleet Short Duration High Yield Bond ETF stock traded down $0.14 on Thursday, reaching $21.62. 1,626 shares of the company traded hands, compared to its average volume of 2,382. Virtus Newfleet Short Duration High Yield Bond ETF has a 52 week low of $21.40 and a 52 week high of $22.08. The company has a 50 day moving average of $21.66 and a 200 day moving average of $21.79.

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.