Virtus Newfleet ABS/MBS ETF (NYSEARCA:VABS) Short Interest Update

Virtus Newfleet ABS/MBS ETF (NYSEARCA:VABS) was the target of a significant increase in short interest in the month of December. As of December 31st, there was short interest totaling 23,381 shares, an increase of 56.3% from the December 15th total of 14,961 shares. Currently, 0.7% of the shares of the stock are short sold. Based on an average daily trading volume, of 4,281 shares, the short-interest ratio is presently 5.5 days. Based on an average daily trading volume, of 4,281 shares, the short-interest ratio is presently 5.5 days. Currently, 0.7% of the shares of the stock are short sold.

Virtus Newfleet ABS/MBS ETF Price Performance

NYSEARCA VABS remained flat at $24.32 on Friday. The company’s stock had a trading volume of 1,669 shares, compared to its average volume of 2,652. Virtus Newfleet ABS/MBS ETF has a 12-month low of $24.10 and a 12-month high of $24.69. The business has a 50 day moving average price of $24.31 and a 200-day moving average price of $24.40.

Hedge Funds Weigh In On Virtus Newfleet ABS/MBS ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Virtus Fixed Income Advisers LLC bought a new position in shares of Virtus Newfleet ABS/MBS ETF in the second quarter valued at $32,443,000. Creative Financial Designs Inc. ADV bought a new stake in shares of Virtus Newfleet ABS/MBS ETF in the 2nd quarter worth approximately $4,799,000. Stapp Wealth Management Pllc grew its stake in shares of Virtus Newfleet ABS/MBS ETF by 10.2% during the 3rd quarter. Stapp Wealth Management Pllc now owns 75,424 shares of the company’s stock worth $1,835,000 after acquiring an additional 6,959 shares during the period. PFG Advisors increased its stake in shares of Virtus Newfleet ABS/MBS ETF by 5.4% in the second quarter. PFG Advisors now owns 52,555 shares of the company’s stock worth $1,290,000 after purchasing an additional 2,711 shares in the last quarter. Finally, Jane Street Group LLC lifted its position in shares of Virtus Newfleet ABS/MBS ETF by 33.8% during the second quarter. Jane Street Group LLC now owns 37,625 shares of the company’s stock worth $924,000 after acquiring an additional 9,511 shares in the last quarter.

About Virtus Newfleet ABS/MBS ETF

The Virtus Newfleet ABS\u002FMBS ETF (VABS) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that invests in US asset-backed and mortgage-backed securities guaranteed by both government and non-government entities. VABS was launched on Feb 9, 2021 and is managed by Virtus.