Virtus Private Credit Strategy ETF (NYSEARCA:VPC) Short Interest Up 141.7% in January

Virtus Private Credit Strategy ETF (NYSEARCA:VPC) was the recipient of a significant increase in short interest during the month of January. As of January 15th, there was short interest totaling 27,618 shares, an increase of 141.7% from the December 31st total of 11,428 shares. Based on an average trading volume of 35,578 shares, the short-interest ratio is presently 0.8 days. Approximately 1.1% of the shares of the company are sold short. Approximately 1.1% of the shares of the company are sold short. Based on an average trading volume of 35,578 shares, the short-interest ratio is presently 0.8 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 Virtus Private Credit Strategy ETF (NYSEARCA:VPC) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund 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 at the end of the most recent quarter.

Virtus Private Credit Strategy ETF Stock Performance

Shares of VPC stock traded down $0.30 during mid-day trading on Friday, hitting $17.71. 22,850 shares of the stock were exchanged, compared to its average volume of 26,737. The stock’s fifty day simple moving average is $18.29 and its two-hundred day simple moving average is $19.17. Virtus Private Credit Strategy ETF has a 12-month low of $17.51 and a 12-month high of $22.90. The stock has a market capitalization of $44.28 million, a price-to-earnings ratio of 8.80 and a beta of 0.70.

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.