Virtus Diversified Income & Convertible Fund - ACV Short Interest Ratio & Short Volume

Short interest is the volume of Virtus Diversified Income & Convertible Fund shares that have been sold short but have not yet been covered or closed out. As of February 28th, traders have sold 21,600 shares of ACV short. Learn More on Virtus Diversified Income & Convertible Fund's current short interest.

Virtus Diversified Income & Convertible Fund saw a decline in short interest in February. As of February 28th, there was short interest totaling 21,600 shares, a decline of 37.8% from the previous total of 34,700 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

As of the most recent reporting period, the following stocks had the largest short interest positions: Suncor Energy Inc. ($3.27 billion), Occidental Petroleum Co. ($2.77 billion), Coinbase Global, Inc. ($2.25 billion), T. Rowe Price Group, Inc. ($2.23 billion), Paramount Global ($1.92 billion), Etsy, Inc. ($1.75 billion), Voya Financial, Inc. ($1.74 billion), CarMax, Inc. ($1.62 billion), Old Dominion Freight Line, Inc. ($1.62 billion), and Royal Caribbean Cruises Ltd. ($1.39 billion). View all of the most shorted stocks.

Short selling ACV is an investing strategy that aims to generate trading profit from Virtus Diversified Income & Convertible Fund as its price is falling. ACV shares are trading down $0.30 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for Virtus Diversified Income & Convertible Fund occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of ACV, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including ACV, twice per month. The most recent reporting period available is February, 28 2023.