Virtus Newfleet Short Duration High Yield Bond ETF (NYSEARCA:VSHY) Short Interest Up 35.0% in February

Virtus Newfleet Short Duration High Yield Bond ETF (NYSEARCA:VSHY) saw a significant growth in short interest in February. As of February 27th, there was short interest totaling 1,219 shares, a growth of 35.0% from the February 12th total of 903 shares. Based on an average daily trading volume, of 8,803 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the shares of the company are short sold. Currently, 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 8,803 shares, the short-interest ratio is currently 0.1 days.

Institutional Trading of Virtus Newfleet Short Duration High Yield Bond ETF

A hedge fund recently bought a new stake in Virtus Newfleet Short Duration High Yield Bond ETF stock. Virtus Fixed Income Advisers LLC purchased a new stake in Virtus Newfleet Short Duration High Yield Bond ETF (NYSEARCA:VSHY) during the second quarter, according to its most recent disclosure with the SEC. The firm purchased 1,134,049 shares of the company’s stock, valued at approximately $24,773,000. Virtus Newfleet Short Duration High Yield Bond ETF makes up approximately 22.5% of Virtus Fixed Income Advisers LLC’s holdings, making the stock its 3rd biggest holding. Virtus Fixed Income Advisers LLC owned approximately 80.77% of Virtus Newfleet Short Duration High Yield Bond ETF at the end of the most recent reporting period.

Virtus Newfleet Short Duration High Yield Bond ETF Price Performance

VSHY stock opened at $21.64 on Tuesday. The company’s 50-day simple moving average is $21.85 and its 200-day simple moving average is $21.90. Virtus Newfleet Short Duration High Yield Bond ETF has a 52-week low of $20.63 and a 52-week high of $22.08.

Virtus Newfleet Short Duration High Yield Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Friday, February 20th were given a dividend of $0.1098 per share. This is an increase from Virtus Newfleet Short Duration High Yield Bond ETF’s previous monthly dividend of $0.06. This represents a c) dividend on an annualized basis and a yield of 6.1%. The ex-dividend date was Friday, February 20th.

About Virtus Newfleet Short Duration High Yield Bond ETF

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.