Virtus Seix Senior Loan ETF (NYSEARCA:SEIX) Short Interest Update

Virtus Seix Senior Loan ETF (NYSEARCA:SEIX) was the target of a large growth in short interest during the month of January. As of January 30th, there was short interest totaling 177,621 shares, a growth of 352.9% from the January 15th total of 39,215 shares. Based on an average trading volume of 151,742 shares, the days-to-cover ratio is currently 1.2 days. Approximately 1.6% of the company’s shares are short sold. Approximately 1.6% of the company’s shares are short sold. Based on an average trading volume of 151,742 shares, the days-to-cover ratio is currently 1.2 days.

Institutional Trading of Virtus Seix Senior Loan ETF

Several institutional investors have recently made changes to their positions in the company. Titleist Asset Management LLC grew its position in Virtus Seix Senior Loan ETF by 5.7% in the second quarter. Titleist Asset Management LLC now owns 10,672 shares of the company’s stock worth $251,000 after acquiring an additional 579 shares during the period. Prospera Financial Services Inc grew its holdings in shares of Virtus Seix Senior Loan ETF by 4.8% during the 3rd quarter. Prospera Financial Services Inc now owns 13,948 shares of the company’s stock worth $329,000 after purchasing an additional 634 shares during the period. Sheets Smith Wealth Management increased its position in shares of Virtus Seix Senior Loan ETF by 1.2% during the 4th quarter. Sheets Smith Wealth Management now owns 59,092 shares of the company’s stock worth $1,380,000 after purchasing an additional 674 shares during the last quarter. Nations Financial Group Inc. IA ADV lifted its position in Virtus Seix Senior Loan ETF by 2.2% in the third quarter. Nations Financial Group Inc. IA ADV now owns 48,997 shares of the company’s stock valued at $1,156,000 after buying an additional 1,067 shares during the last quarter. Finally, Richardson Capital Management LLC acquired a new stake in shares of Virtus Seix Senior Loan ETF during the third quarter valued at about $30,000.

Virtus Seix Senior Loan ETF Trading Up 0.2%

Shares of SEIX stock traded up $0.04 on Wednesday, hitting $23.24. 23,913 shares of the stock traded hands, compared to its average volume of 126,319. Virtus Seix Senior Loan ETF has a twelve month low of $22.97 and a twelve month high of $24.03. The firm’s 50-day moving average price is $23.36 and its two-hundred day moving average price is $23.48.

Virtus Seix Senior Loan ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, January 27th. Stockholders of record on Tuesday, January 20th were paid a $0.074 dividend. The ex-dividend date of this dividend was Tuesday, January 20th. This represents a c) annualized dividend and a dividend yield of 3.8%.

Virtus Seix Senior Loan ETF Company Profile

The Virtus Seix Senior Loan ETF (SEIX) is an exchange-traded fund that is based on the Credit Suisse Leveraged Loan index. The fund provides actively-managed exposure to noninvestment-grade, floating-rate loans made by banks to US corporations. SEIX was launched on Apr 24, 2019 and is managed by Virtus.