Virtus Private Credit Strategy ETF (NYSEARCA:VPC) Short Interest Down 19.5% in January

Virtus Private Credit Strategy ETF (NYSEARCA:VPC) was the target of a significant drop in short interest during the month of January. As of January 30th, there was short interest totaling 22,246 shares, a drop of 19.5% from the January 15th total of 27,618 shares. Based on an average daily volume of 17,984 shares, the short-interest ratio is presently 1.2 days. Currently, 0.9% of the company’s stock are sold short. Currently, 0.9% of the company’s stock are sold short. Based on an average daily volume of 17,984 shares, the short-interest ratio is presently 1.2 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Virtus Private Credit Strategy ETF stock. Triumph Capital Management acquired a new stake in shares of Virtus Private Credit Strategy ETF (NYSEARCA:VPC) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 2,575 shares of the company’s stock, valued at approximately $49,000. Triumph Capital Management owned about 0.09% of Virtus Private Credit Strategy ETF as of its most recent SEC filing.

Virtus Private Credit Strategy ETF Stock Down 0.8%

Shares of NYSEARCA VPC opened at $16.94 on Friday. The stock has a market capitalization of $42.35 million, a P/E ratio of 8.80 and a beta of 0.70. The stock’s 50 day moving average price is $17.96 and its two-hundred day moving average price is $18.89. Virtus Private Credit Strategy ETF has a 52-week low of $16.87 and a 52-week high of $22.90.

About Virtus Private Credit Strategy ETF

The Virtus Private Credit ETF (VPC) is an exchange-traded fund that is based on the Indxx Private Credit index. The fund tracks an index of closed-end funds focused on the private credit market, including business development companies. The index is weighted by dividend yield. VPC was launched on Feb 7, 2019 and is managed by Virtus.