What’s Propelling Virtus Investment Partners Incorporated (NASDAQ:VRTS) After Lower Shorts Reported?

January 13, 2018 - By Adrian Erickson

 What’s Propelling Virtus Investment Partners Incorporated (NASDAQ:VRTS) After Lower Shorts Reported?

Investors sentiment decreased to 1.36 in Q3 2017. Its down 0.64, from 2 in 2017Q2. It fall, as 12 investors sold Virtus Investment Partners, Inc. shares while 32 reduced holdings. 16 funds opened positions while 44 raised stakes. 6.65 million shares or 1.17% less from 6.73 million shares in 2017Q2 were reported.
Riverhead Capital Mgmt Ltd Co, a Delaware-based fund reported 602 shares. Deutsche Bankshares Ag reported 66,266 shares. Whittier Tru Of Nevada has 11 shares for 0% of their portfolio. 49,344 are held by Mangrove Prtnrs. The Quebec – Canada-based Sector Pension Investment Board has invested 0% in Virtus Investment Partners, Inc. (NASDAQ:VRTS). Massachusetts-based Putnam Invs Ltd has invested 0.01% in Virtus Investment Partners, Inc. (NASDAQ:VRTS). Manufacturers Life Insurance Com The accumulated 5,268 shares or 0% of the stock. Arizona State Retirement Sys stated it has 0.01% of its portfolio in Virtus Investment Partners, Inc. (NASDAQ:VRTS). Schwab Charles Invest Mngmt Inc owns 29,848 shares or 0% of their US portfolio. Jpmorgan Chase And has invested 0% in Virtus Investment Partners, Inc. (NASDAQ:VRTS). Credit Suisse Ag reported 0% of its portfolio in Virtus Investment Partners, Inc. (NASDAQ:VRTS). Ls Investment Advisors Limited Liability Company reported 214 shares. Riggs Asset Managment Inc holds 25 shares. The Washington-based Parametric Portfolio Associates Limited Com has invested 0% in Virtus Investment Partners, Inc. (NASDAQ:VRTS). Pennsylvania-based Glenmede Na has invested 0% in Virtus Investment Partners, Inc. (NASDAQ:VRTS).

The stock of Virtus Investment Partners Incorporated (NASDAQ:VRTS) registered a decrease of 0.79% in short interest. VRTS’s total short interest was 743,200 shares in January as published by FINRA. Its down 0.79% from 749,100 shares, reported previously. With 47,400 shares average volume, it will take short sellers 16 days to cover their VRTS’s short positions. The short interest to Virtus Investment Partners Incorporated’s float is 11.36%.

The stock increased 1.23% or $1.6 during the last trading session, reaching $131.4. About 54,112 shares traded or 6.11% up from the average. Virtus Investment Partners, Inc. (NASDAQ:VRTS) has risen 32.74% since January 13, 2017 and is uptrending. It has outperformed by 16.04% the S&P500.

Virtus Investment Partners, Inc. is a publicly owned investment manager. The company has market cap of $940.56 million. The firm primarily provides its services to individual and institutional clients. It has a 24.55 P/E ratio. It launches separate client focused equity and fixed income portfolios.

Virtus Investment Partners, Inc. (NASDAQ:VRTS) Ratings Coverage

Among 9 analysts covering Virtus Investment Partners (NASDAQ:VRTS), 1 have Buy rating, 0 Sell and 8 Hold. Therefore 11% are positive. Virtus Investment Partners had 30 analyst reports since August 4, 2015 according to SRatingsIntel. Jefferies maintained Virtus Investment Partners, Inc. (NASDAQ:VRTS) on Tuesday, November 14 with “Hold” rating. As per Tuesday, August 4, the company rating was downgraded by Raymond James. Jefferies maintained the stock with “Hold” rating in Wednesday, June 14 report. The rating was maintained by Sandler O’Neill on Tuesday, January 2 with “Hold”. Credit Suisse downgraded Virtus Investment Partners, Inc. (NASDAQ:VRTS) on Monday, October 31 to “Neutral” rating. As per Wednesday, January 10, the company rating was maintained by Sandler O’Neill. The firm earned “Equal-Weight” rating on Tuesday, October 10 by Barclays Capital. On Friday, July 15 the stock rating was upgraded by Credit Suisse to “Outperform”. The rating was upgraded by Sandler O’Neill to “Hold” on Monday, November 2. The company was upgraded on Tuesday, September 22 by Zacks.

Another recent and important Virtus Investment Partners, Inc. (NASDAQ:VRTS) news was published by Prnewswire.com which published an article titled: “Seix Investment Advisors Completes Offering of $406.4 Million CLO” on January 12, 2018.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.