Virtus Newfleet ABS/MBS ETF (NYSEARCA:VABS) Short Interest Down 60.8% in April

Virtus Newfleet ABS/MBS ETF (NYSEARCA:VABS) was the target of a large drop in short interest in April. As of April 15th, there was short interest totaling 18,059 shares, a drop of 60.8% from the March 31st total of 46,028 shares. Based on an average daily volume of 853 shares, the short-interest ratio is currently 21.2 days. Approximately 0.6% of the shares of the stock are short sold.

Institutional Trading of Virtus Newfleet ABS/MBS ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Stapp Wealth Management Pllc grew its stake in Virtus Newfleet ABS/MBS ETF by 10.2% in 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 grew its stake in Virtus Newfleet ABS/MBS ETF by 16.1% in the 4th quarter. PFG Advisors now owns 58,747 shares of the company’s stock worth $1,425,000 after acquiring an additional 8,150 shares during the period. Envestnet Asset Management Inc. purchased a new stake in Virtus Newfleet ABS/MBS ETF in the 3rd quarter worth approximately $608,000. Jane Street Group LLC grew its stake in Virtus Newfleet ABS/MBS ETF by 45.6% in 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 period. Finally, &PARTNERS grew its stake in Virtus Newfleet ABS/MBS ETF by 23.9% in the 4th quarter. &PARTNERS now owns 23,825 shares of the company’s stock worth $578,000 after acquiring an additional 4,592 shares during the period.

Virtus Newfleet ABS/MBS ETF Trading Up 0.1%

Shares of VABS traded up $0.03 during mid-day trading on Friday, reaching $24.20. 475 shares of the company’s stock were exchanged, compared to its average volume of 4,637. Virtus Newfleet ABS/MBS ETF has a 52-week low of $24.10 and a 52-week high of $24.69. The company has a 50-day simple moving average of $24.27 and a two-hundred day simple moving average of $24.30.

Virtus Newfleet ABS/MBS ETF Company Profile

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.