Virtus Private Credit Strategy ETF (NYSEARCA:VPC) Sees Significant Drop in Short Interest

Virtus Private Credit Strategy ETF (NYSEARCA:VPC – Get Free Report) was the target of a large drop in short interest during the month of September. As of September 30th, there was short interest totaling 18,671 shares, a drop of 48.1% from the September 15th total of 35,989 shares. Currently, 1.0% of the shares of the company are sold short. Based on an average daily trading volume, of 10,513 shares, the short-interest ratio is currently 1.8 days.

Virtus Private Credit Strategy ETF Stock Up 1.6%

Shares of VPC traded up $0.23 during mid-day trading on Thursday, reaching $14.47. The company had a trading volume of 13,331 shares, compared to its average volume of 18,750. Virtus Private Credit Strategy ETF has a 52-week low of $14.22 and a 52-week high of $19.13. The stock has a 50 day moving average of $15.32 and a two-hundred day moving average of $15.34. The stock has a market capitalization of $27.49 million, a P/E ratio of 8.80 and a beta of 0.63.

Virtus Private Credit Strategy ETF Company Profile

(Get Free Report)

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.

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