Virtus Newfleet Short Duration Core Plus Bond ETF (NYSEARCA:SDCP) Sees Significant Increase in Short Interest

Virtus Newfleet Short Duration Core Plus Bond ETF (NYSEARCA:SDCP) saw a large increase in short interest in May. As of May 29th, there was short interest totaling 22 shares, an increase of ? from the May 14th total of 0 shares. Based on an average daily trading volume, of 24 shares, the short-interest ratio is currently 0.9 days. Currently, 0.0% of the shares of the stock are sold short.

Institutional Investors Weigh In On Virtus Newfleet Short Duration Core Plus Bond ETF

Large investors have recently made changes to their positions in the stock. Envestnet Asset Management Inc. acquired a new position in Virtus Newfleet Short Duration Core Plus Bond ETF in the third quarter valued at approximately $1,250,000. Jane Street Group LLC acquired a new position in Virtus Newfleet Short Duration Core Plus Bond ETF in the second quarter valued at approximately $490,000. Finally, &PARTNERS lifted its holdings in Virtus Newfleet Short Duration Core Plus Bond ETF by 20.1% in the fourth quarter. &PARTNERS now owns 57,503 shares of the company’s stock valued at $1,480,000 after acquiring an additional 9,608 shares during the last quarter.

Virtus Newfleet Short Duration Core Plus Bond ETF Price Performance

Shares of SDCP stock traded up $0.01 during trading hours on Friday, reaching $25.63. The company had a trading volume of 5,198 shares, compared to its average volume of 466. The stock has a fifty day moving average of $25.63 and a 200-day moving average of $25.72. Virtus Newfleet Short Duration Core Plus Bond ETF has a 12-month low of $25.51 and a 12-month high of $27.06.

Virtus Newfleet Short Duration Core Plus Bond ETF Company Profile

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.