Virtus Dividend, Interest & Premium Strategy Fund (NYSE:NFJ) Short Interest Update

Virtus Dividend, Interest & Premium Strategy Fund (NYSE:NFJ) was the recipient of a significant decrease in short interest in February. As of February 15th, there was short interest totalling 74,800 shares, a decrease of 27.7% from the January 31st total of 103,500 shares. Based on an average daily volume of 220,400 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Bessemer Group Inc. bought a new stake in Virtus Dividend, Interest & Premium Strategy Fund during the fourth quarter valued at approximately $26,000. Larson Financial Group LLC lifted its position in shares of Virtus Dividend, Interest & Premium Strategy Fund by 233.3% during the 3rd quarter. Larson Financial Group LLC now owns 4,000 shares of the investment management company’s stock valued at $52,000 after buying an additional 2,800 shares in the last quarter. Transce3nd LLC purchased a new position in Virtus Dividend, Interest & Premium Strategy Fund during the fourth quarter valued at approximately $55,000. Atria Wealth Solutions Inc. bought a new position in shares of Virtus Dividend, Interest & Premium Strategy Fund in the fourth quarter worth approximately $149,000. Finally, Alteri Wealth LLC bought a new position in shares of Virtus Dividend, Interest & Premium Strategy Fund in the fourth quarter worth approximately $154,000.

Virtus Dividend, Interest & Premium Strategy Fund Stock Up 0.1 %

NFJ stock traded up $0.02 during trading on Monday, reaching $12.79. The stock had a trading volume of 68,367 shares, compared to its average volume of 192,920. Virtus Dividend, Interest & Premium Strategy Fund has a 52 week low of $11.72 and a 52 week high of $13.30. The stock’s 50 day moving average is $12.78 and its two-hundred day moving average is $12.84.

Virtus Dividend, Interest & Premium Strategy Fund Company Profile

AllianzGI NFJ Dividend, Interest & Premium Strategy Fund is a closed ended equity mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Allianz Global Investors U.S. LLC and NFJ Investment Group LLC. It invests in public equity markets of the United States.