Virtus Newfleet ABS/MBS ETF (NYSEARCA:VABS – Get Free Report) was the target of a large drop in short interest in the month of September. As of September 30th, there was short interest totaling 17,597 shares, a drop of 45.3% from the September 15th total of 32,183 shares. Currently, 0.4% of the company’s shares are sold short. Based on an average trading volume of 5,510 shares, the short-interest ratio is currently 3.2 days.
Virtus Newfleet ABS/MBS ETF Stock Up 0.1%
Virtus Newfleet ABS/MBS ETF stock traded up $0.02 during midday trading on Friday, hitting $23.89. 618 shares of the stock were exchanged, compared to its average volume of 10,434. The company has a fifty day simple moving average of $24.01 and a two-hundred day simple moving average of $24.12. Virtus Newfleet ABS/MBS ETF has a 52 week low of $23.70 and a 52 week high of $24.49.
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.
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