Virtus Terranova US Quality Momentum ETF (NASDAQ:JOET) Short Interest Up 175.0% in March

Virtus Terranova US Quality Momentum ETF (NASDAQ:JOETGet Rating) was the target of a large growth in short interest in March. As of March 31st, there was short interest totalling 1,100 shares, a growth of 175.0% from the March 15th total of 400 shares. Based on an average trading volume of 46,700 shares, the short-interest ratio is currently 0.0 days.

NASDAQ JOET opened at $29.48 on Thursday. The firm’s 50 day simple moving average is $29.30 and its 200 day simple moving average is $30.65. Virtus Terranova US Quality Momentum ETF has a 1 year low of $26.81 and a 1 year high of $33.31.

Several hedge funds and other institutional investors have recently bought and sold shares of JOET. Morgan Stanley acquired a new stake in shares of Virtus Terranova US Quality Momentum ETF during the 3rd quarter worth approximately $30,000. Patriot Financial Group Insurance Agency LLC acquired a new stake in shares of Virtus Terranova US Quality Momentum ETF during the 4th quarter worth approximately $48,000. Royal Bank of Canada acquired a new stake in shares of Virtus Terranova US Quality Momentum ETF during the 3rd quarter worth approximately $103,000. Total Clarity Wealth Management Inc. boosted its position in shares of Virtus Terranova US Quality Momentum ETF by 407.6% during the 4th quarter. Total Clarity Wealth Management Inc. now owns 4,137 shares of the company’s stock worth $137,000 after acquiring an additional 3,322 shares in the last quarter. Finally, IPG Investment Advisors LLC acquired a new stake in shares of Virtus Terranova US Quality Momentum ETF during the 4th quarter worth approximately $209,000.

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