Short Interest in Virtus Seix Senior Loan ETF (NYSEARCA:SEIX) Expands By 769.2%

Virtus Seix Senior Loan ETF (NYSEARCA:SEIX) saw a large increase in short interest in July. As of July 31st, there was short interest totaling 21,052 shares, an increase of 769.2% from the July 15th total of 2,422 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 73,527 shares, the short-interest ratio is currently 0.3 days.

Virtus Seix Senior Loan ETF Price Performance

Shares of Virtus Seix Senior Loan ETF stock traded up $0.02 during mid-day trading on Tuesday, hitting $23.28. 60,210 shares of the stock were exchanged, compared to its average volume of 88,042. Virtus Seix Senior Loan ETF has a twelve month low of $22.91 and a twelve month high of $23.74. The company has a 50-day simple moving average of $23.20 and a 200 day simple moving average of $23.19.

Institutional Trading of Virtus Seix Senior Loan ETF

Hedge funds have recently bought and sold shares of the company. Wells Fargo & Company MN boosted its position in Virtus Seix Senior Loan ETF by 327.0% during the fourth quarter. Wells Fargo & Company MN now owns 1,251 shares of the company’s stock worth $29,000 after acquiring an additional 958 shares during the last quarter. Scarborough Advisors LLC raised its holdings in Virtus Seix Senior Loan ETF by 160.1% in the 4th quarter. Scarborough Advisors LLC now owns 5,382 shares of the company’s stock valued at $126,000 after acquiring an additional 3,313 shares during the last quarter. Tower Research Capital LLC TRC purchased a new position in shares of Virtus Seix Senior Loan ETF during the 2nd quarter worth $159,000. Anfield Capital Management LLC lifted its stake in shares of Virtus Seix Senior Loan ETF by 37.5% during the 4th quarter. Anfield Capital Management LLC now owns 7,133 shares of the company’s stock worth $167,000 after purchasing an additional 1,945 shares during the period. Finally, Elevated Capital Advisors LLC acquired a new stake in shares of Virtus Seix Senior Loan ETF during the fourth quarter worth $180,000.

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.