Virtus Global Dividend & Income Fund Inc. (NYSE:ZTR) Short Interest Update

Virtus Global Dividend & Income Fund Inc. (NYSE:ZTR) was the recipient of a large decline in short interest during the month of February. As of February 15th, there was short interest totalling 133,100 shares, a decline of 76.3% from the January 31st total of 560,700 shares. Based on an average daily volume of 337,900 shares, the short-interest ratio is currently 0.4 days.

Virtus Global Dividend & Income Fund Stock Performance

ZTR stock opened at $5.87 on Friday. The company has a 50 day moving average price of $5.89 and a 200 day moving average price of $5.97. Virtus Global Dividend & Income Fund has a fifty-two week low of $5.20 and a fifty-two week high of $6.26.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Walleye Capital LLC bought a new position in Virtus Global Dividend & Income Fund in the 3rd quarter worth approximately $137,000. Stifel Financial Corp grew its holdings in Virtus Global Dividend & Income Fund by 33.7% during the 3rd quarter. Stifel Financial Corp now owns 871,539 shares of the investment management company’s stock worth $5,404,000 after acquiring an additional 219,609 shares during the period. Absolute Investment Advisers LLC acquired a new stake in Virtus Global Dividend & Income Fund during the 4th quarter worth $9,355,000. Penserra Capital Management LLC acquired a new stake in Virtus Global Dividend & Income Fund during the 3rd quarter worth $10,857,000. Finally, Wolverine Asset Management LLC acquired a new stake in Virtus Global Dividend & Income Fund during the 3rd quarter worth $170,000. Institutional investors own 47.14% of the company’s stock.

Virtus Global Dividend & Income Fund Company Profile

Virtus Global Dividend & Income Fund Inc is a closed-ended balanced mutual fund launched by Virtus Investment Partners, Inc The fund is co-managed by Virtus Investment Advisers, Inc, Kayne Anderson Rudnick Investment Management LLC and Newfleet Asset Management, LLC. It invests in the public equity and fixed income markets of the United States.