Short interest in Virtus AllianzGI Equity & Convertible Income Fund (NYSE:NIE) increased during the last reporting period, rising from 56.90K to 168.55K. This put 0.61% of the company's publicly available shares short.

Short interest for Virtus AllianzGI Equity gives investors a sense of the degree to which investors are betting on the decline of Virtus AllianzGI Equity's stock. Short interest data is updated every two weeks.

Based on the recent average volume of 74.48K shares traded per day, it would take 2.26 day(s) for holders of this short interest to close out their positions without sending the stock sharply higher.