Virtus Dividend, Interest & Premium Strategy Fund (NYSE:NFJ) Short Interest Up 86.6% in July

Virtus Dividend, Interest & Premium Strategy Fund (NYSE:NFJ) saw a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 104,300 shares, anincreaseof86.6% from the June 30th total of 55,900 shares. Based on an average daily volume of 200,600 shares, the days-to-cover ratio is presently 0.5 days. Based on an average daily volume of 200,600 shares, the days-to-cover ratio is presently 0.5 days.

Virtus Dividend, Interest & Premium Strategy Fund Trading Up 0.4%

NFJ opened at $12.61 on Wednesday. The business’s 50-day simple moving average is $12.41 and its 200-day simple moving average is $12.24. Virtus Dividend, Interest & Premium Strategy Fund has a one year low of $10.02 and a one year high of $13.30.

Institutional Trading of Virtus Dividend, Interest & Premium Strategy Fund

A number of large investors have recently made changes to their positions in NFJ. Bessemer Group Inc. purchased a new stake in Virtus Dividend, Interest & Premium Strategy Fund in the fourth quarter valued at approximately $26,000. Pinnacle Bancorp Inc. purchased a new position in shares of Virtus Dividend, Interest & Premium Strategy Fund during the second quarter worth approximately $31,000. CWM LLC increased its holdings in shares of Virtus Dividend, Interest & Premium Strategy Fund by 33.7% in the 2nd quarter. CWM LLC now owns 3,958 shares of the investment management company’s stock valued at $49,000 after acquiring an additional 998 shares during the period. Transce3nd LLC purchased a new stake in Virtus Dividend, Interest & Premium Strategy Fund in the 4th quarter valued at $55,000. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in Virtus Dividend, Interest & Premium Strategy Fund by 34.5% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 7,269 shares of the investment management company’s stock worth $88,000 after purchasing an additional 1,864 shares during the period.

Virtus Dividend, Interest & Premium Strategy Fund Company Profile

AllianzGI NFJ Dividend, Interest & Premium Strategy Fund is a closed ended equity mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Allianz Global Investors U.S. LLC and NFJ Investment Group LLC. It invests in public equity markets of the United States.