Janus Henderson Short Duration Income ETF (NYSEARCA:VNLA) Sees Large Growth in Short Interest
by Danessa Lincoln · The Markets DailyJanus Henderson Short Duration Income ETF (NYSEARCA:VNLA – Get Free Report) was the target of a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 81,933 shares, a growth of 165.3% from the May 14th total of 30,886 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 410,112 shares, the days-to-cover ratio is currently 0.2 days.
Institutional Trading of Janus Henderson Short Duration Income ETF
Institutional investors have recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. boosted its stake in Janus Henderson Short Duration Income ETF by 416.2% in the 4th quarter. PNC Financial Services Group Inc. now owns 542 shares of the company’s stock valued at $27,000 after purchasing an additional 437 shares during the period. Jones Financial Companies Lllp bought a new stake in Janus Henderson Short Duration Income ETF in the 1st quarter valued at $30,000. Allworth Financial LP boosted its stake in Janus Henderson Short Duration Income ETF by 38.9% in the 4th quarter. Allworth Financial LP now owns 885 shares of the company’s stock valued at $44,000 after purchasing an additional 248 shares during the period. Pinnacle Bancorp Inc. bought a new stake in shares of Janus Henderson Short Duration Income ETF during the 1st quarter valued at $49,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in shares of Janus Henderson Short Duration Income ETF during the 4th quarter valued at $67,000.
Janus Henderson Short Duration Income ETF Stock Performance
VNLA traded up $0.01 during trading on Friday, hitting $48.97. The stock had a trading volume of 526,830 shares, compared to its average volume of 438,200. The company has a 50 day moving average price of $48.98 and a 200-day moving average price of $49.10. Janus Henderson Short Duration Income ETF has a one year low of $48.84 and a one year high of $49.44.
About Janus Henderson Short Duration Income ETF
The Janus Henderson Short Duration Income ETF (VNLA) is an exchange-traded fund that is based on the 3-Month USD LIBOR index. The fund is an actively-managed fixed income fund that aims to outperform the FTSE 3-Month US Treasury Bill Index by holding a wide range of fixed income securities with an aggregate duration target of 0-2 years. VNLA was launched on Nov 16, 2016 and is managed by Janus Henderson.