Virtus Equity & Convertible Income Fund (NYSE:NIE) Short Interest Update

Virtus Equity and Convertible Income Fund (NYSE: NIE - Get Free Report) was the target of a significant increase in short interest in March. As of March 31st, there was short interest totaling 31,338 shares, an increase of 59.4% from the March 15th total of 19,663 shares. Based on an average daily volume of 77,822 shares,