Virtus Terranova US Quality Momentum ETF (NASDAQ:JOET) Short Interest Update

Virtus Terranova US Quality Momentum ETF (NASDAQ:JOETGet Rating) saw a significant decrease in short interest in the month of May. As of May 15th, there was short interest totalling 300 shares, a decrease of 72.7% from the April 30th total of 1,100 shares. Based on an average daily volume of 47,300 shares, the days-to-cover ratio is currently 0.0 days.

Shares of JOET traded up $0.20 during trading hours on Thursday, hitting $26.43. The company had a trading volume of 18,533 shares, compared to its average volume of 51,321. Virtus Terranova US Quality Momentum ETF has a 12 month low of $25.38 and a 12 month high of $33.31. The business has a fifty day moving average of $28.38 and a 200-day moving average of $29.97.

Large investors have recently added to or reduced their stakes in the stock. Morgan Stanley acquired a new stake in Virtus Terranova US Quality Momentum ETF during the third quarter worth about $30,000. Grassi Investment Management grew its stake in Virtus Terranova US Quality Momentum ETF by 3.4% during the first quarter. Grassi Investment Management now owns 32,312 shares of the company’s stock worth $971,000 after buying an additional 1,050 shares in the last quarter. Patriot Financial Group Insurance Agency LLC acquired a new stake in Virtus Terranova US Quality Momentum ETF during the fourth quarter worth about $48,000. Oppenheimer & Co. Inc. boosted its stake in shares of Virtus Terranova US Quality Momentum ETF by 19.5% in the 1st quarter. Oppenheimer & Co. Inc. now owns 10,793 shares of the company’s stock valued at $324,000 after purchasing an additional 1,762 shares in the last quarter. Finally, Total Clarity Wealth Management Inc. boosted its stake in shares of Virtus Terranova US Quality Momentum ETF by 407.6% in the 4th quarter. Total Clarity Wealth Management Inc. now owns 4,137 shares of the company’s stock valued at $137,000 after purchasing an additional 3,322 shares in the last quarter.

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