Virtus Newfleet Short Duration Core Plus Bond ETF (NYSEARCA:SDCP) Short Interest Update

Virtus Newfleet Short Duration Core Plus Bond ETF (NYSEARCA:SDCP) saw a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 5,041 shares, a growth of 22,813.6% from the May 31st total of 22 shares. Based on an average trading volume of 1,344 shares, the short-interest ratio is presently 3.8 days. Currently, 1.0% of the shares of the stock are short sold.

Virtus Newfleet Short Duration Core Plus Bond ETF Trading Up 0.1%

SDCP stock traded up $0.02 during midday trading on Thursday, reaching $25.57. 2 shares of the stock were exchanged, compared to its average volume of 472. Virtus Newfleet Short Duration Core Plus Bond ETF has a 52 week low of $25.51 and a 52 week high of $27.06. The company has a fifty day moving average price of $25.62 and a 200 day moving average price of $25.70.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in SDCP. &PARTNERS raised its holdings in Virtus Newfleet Short Duration Core Plus Bond ETF by 20.1% in the 4th quarter. &PARTNERS now owns 57,503 shares of the company’s stock valued at $1,480,000 after buying an additional 9,608 shares during the last quarter. Envestnet Asset Management Inc. acquired a new position in Virtus Newfleet Short Duration Core Plus Bond ETF in the 3rd quarter valued at approximately $1,250,000. Finally, Jane Street Group LLC acquired a new position in Virtus Newfleet Short Duration Core Plus Bond ETF in the 2nd quarter valued at approximately $490,000.

About Virtus Newfleet Short Duration Core Plus Bond ETF

The Virtus Newfleet Short Duration Core Plus Bond ETF (SDCP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that offers exposure to a diverse range of fixed-income securities from around the world. The portfolio comprises debt securities of varying credit qualities and targets an overall short duration, typically ranging from 1 to 3 years. SDCP was launched on Nov 15, 2023 and is issued by Virtus Investment Partners.