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

Virtus Newfleet ABS/MBS ETF (NYSEARCA:VABS) was the target of a large decrease in short interest during the month of December. As of December 15th, there was short interest totaling 14,961 shares, a decrease of 34.0% from the November 30th total of 22,680 shares. Approximately 0.4% of the shares of the stock are sold short. Based on an average trading volume of 2,021 shares, the days-to-cover ratio is presently 7.4 days. Based on an average trading volume of 2,021 shares, the days-to-cover ratio is presently 7.4 days. Approximately 0.4% of the shares of the stock are sold short.

Virtus Newfleet ABS/MBS ETF Trading Up 0.2%

Shares of NYSEARCA VABS traded up $0.04 during mid-day trading on Tuesday, reaching $24.26. The company had a trading volume of 2,500 shares, compared to its average volume of 17,857. Virtus Newfleet ABS/MBS ETF has a 52 week low of $24.10 and a 52 week high of $24.69. The business’s 50-day moving average is $24.32 and its 200-day moving average is $24.41.

Institutional Trading of Virtus Newfleet ABS/MBS ETF

Several hedge funds have recently added to or reduced their stakes in the company. HighTower Advisors LLC increased its stake in shares of Virtus Newfleet ABS/MBS ETF by 65.5% in the first quarter. HighTower Advisors LLC now owns 21,325 shares of the company’s stock worth $520,000 after acquiring an additional 8,436 shares during the last quarter. Envestnet Asset Management Inc. acquired a new stake in Virtus Newfleet ABS/MBS ETF during the 3rd quarter worth $608,000. Jane Street Group LLC boosted its position in Virtus Newfleet ABS/MBS ETF by 45.6% during the 1st quarter. Jane Street Group LLC now owns 28,114 shares of the company’s stock worth $686,000 after acquiring an additional 8,799 shares during the last quarter. PFG Advisors raised its stake in Virtus Newfleet ABS/MBS ETF by 5.4% in the second quarter. PFG Advisors now owns 52,555 shares of the company’s stock valued at $1,290,000 after buying an additional 2,711 shares during the period. Finally, Stapp Wealth Management Pllc increased its position in Virtus Newfleet ABS/MBS ETF by 10.2% during the third 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.

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.