Short Interest in Virtus SEIX AAA Private Credit CLO ETF (NYSEARCA:PCLO) Increases By 8,981.3%

Virtus SEIX AAA Private Credit CLO ETF (NYSEARCA:PCLO) was the recipient of a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 16,982 shares, an increase of 8,981.3% from the May 31st total of 187 shares. Based on an average daily volume of 20,188 shares, the days-to-cover ratio is presently 0.8 days. Approximately 2.3% of the company’s shares are sold short.

Hedge Funds Weigh In On Virtus SEIX AAA Private Credit CLO ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. EverSource Wealth Advisors LLC boosted its position in Virtus SEIX AAA Private Credit CLO ETF by 40.6% during the second quarter. EverSource Wealth Advisors LLC now owns 4,243 shares of the company’s stock valued at $106,000 after acquiring an additional 1,226 shares during the last quarter. Citadel Advisors LLC acquired a new stake in Virtus SEIX AAA Private Credit CLO ETF during the 3rd quarter worth about $364,000. Royal Bank of Canada raised its position in shares of Virtus SEIX AAA Private Credit CLO ETF by 333.0% in the 4th quarter. Royal Bank of Canada now owns 22,885 shares of the company’s stock worth $571,000 after acquiring an additional 17,600 shares in the last quarter. Goldman Sachs Group Inc. acquired a new position in shares of Virtus SEIX AAA Private Credit CLO ETF in the 1st quarter valued at about $630,000. Finally, Jane Street Group LLC lifted its stake in shares of Virtus SEIX AAA Private Credit CLO ETF by 1.9% in the 4th quarter. Jane Street Group LLC now owns 25,418 shares of the company’s stock valued at $635,000 after purchasing an additional 462 shares during the period.

Virtus SEIX AAA Private Credit CLO ETF Stock Performance

Shares of NYSEARCA PCLO traded up $0.01 during midday trading on Thursday, reaching $24.89. The stock had a trading volume of 870 shares, compared to its average volume of 3,816. The company’s 50 day moving average price is $24.93 and its 200 day moving average price is $24.96. Virtus SEIX AAA Private Credit CLO ETF has a twelve month low of $24.85 and a twelve month high of $25.80. The firm has a market cap of $18.67 million, a price-to-earnings ratio of -0.08 and a beta of 0.04.

About Virtus SEIX AAA Private Credit CLO ETF

The Virtus Seix AAA Private Credit CLO ETF (PCLO) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, seeking capital preservation and current income. The fund invests debt instruments that are backed by a pool of loans to private middle market companies PCLO was launched on Dec 2, 2024 and is issued by Virtus Investment Partners.