Virtus Convertible & Income 2024 Target Term Fund (NYSE:CBH) Short Interest Update

Virtus Convertible & Income 2024 Target Term Fund (NYSE:CBHGet Free Report) was the recipient of a large growth in short interest in the month of June. As of June 15th, there was short interest totalling 23,500 shares, a growth of 46.0% from the May 31st total of 16,100 shares. Based on an average daily volume of 51,600 shares, the short-interest ratio is currently 0.5 days.

Virtus Convertible & Income 2024 Target Term Fund Stock Performance

NYSE CBH remained flat at $9.01 on Monday. 59,284 shares of the company’s stock were exchanged, compared to its average volume of 49,762. The stock’s 50 day moving average is $8.93 and its 200 day moving average is $8.83. Virtus Convertible & Income 2024 Target Term Fund has a one year low of $8.40 and a one year high of $9.05.

Institutional Trading of Virtus Convertible & Income 2024 Target Term Fund

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Stifel Financial Corp increased its holdings in Virtus Convertible & Income 2024 Target Term Fund by 1.7% in the 3rd quarter. Stifel Financial Corp now owns 359,115 shares of the company’s stock valued at $3,153,000 after acquiring an additional 5,833 shares during the last quarter. StoneX Group Inc. purchased a new stake in shares of Virtus Convertible & Income 2024 Target Term Fund during the 4th quarter valued at about $623,000. B. Riley Wealth Advisors Inc. purchased a new stake in shares of Virtus Convertible & Income 2024 Target Term Fund during the 1st quarter valued at about $156,000. Bulldog Investors LLP purchased a new stake in shares of Virtus Convertible & Income 2024 Target Term Fund during the 4th quarter valued at about $149,000. Finally, Signaturefd LLC raised its position in shares of Virtus Convertible & Income 2024 Target Term Fund by 7,617.4% during the 4th quarter. Signaturefd LLC now owns 10,187 shares of the company’s stock valued at $89,000 after buying an additional 10,055 shares in the last quarter.

About Virtus Convertible & Income 2024 Target Term Fund

(Get Free Report)

Virtus Convertible & Income 2024 Target Term Fund is a closed ended balanced mutual fund launched and managed by Allianz Global Investors U.S. LLC. The fund invests in the public equity and fixed incomes markets of the United States. It invests in stocks of companies operating across diversified sectors.

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