Virtus Seix Senior Loan ETF (NYSEARCA:SEIX) Short Interest Down 78.9% in April

Virtus Seix Senior Loan ETF (NYSEARCA:SEIX) was the target of a significant decrease in short interest in the month of April. As of April 15th, there was short interest totaling 37,819 shares, a decrease of 78.9% from the March 31st total of 179,431 shares. Currently, 0.4% of the shares of the stock are short sold. Based on an average daily volume of 70,027 shares, the days-to-cover ratio is currently 0.5 days.

Hedge Funds Weigh In On Virtus Seix Senior Loan ETF

A number of hedge funds have recently modified their holdings of the company. Prospera Financial Services Inc boosted its position in shares of Virtus Seix Senior Loan ETF by 4.8% in the third 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 boosted its position in shares of Virtus Seix Senior Loan ETF by 1.2% in the fourth 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 period. Wells Fargo & Company MN boosted its position in shares of Virtus Seix Senior Loan ETF by 327.0% in the fourth quarter. Wells Fargo & Company MN now owns 1,251 shares of the company’s stock worth $29,000 after purchasing an additional 958 shares during the period. Nations Financial Group Inc. IA ADV boosted its position in shares of 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 worth $1,156,000 after purchasing an additional 1,067 shares during the period. Finally, MML Investors Services LLC boosted its position in shares of Virtus Seix Senior Loan ETF by 5.7% in the fourth quarter. MML Investors Services LLC now owns 21,096 shares of the company’s stock worth $492,000 after purchasing an additional 1,145 shares during the period.

Virtus Seix Senior Loan ETF Stock Performance

Shares of SEIX traded up $0.03 during mid-day trading on Friday, reaching $23.23. The stock had a trading volume of 72,129 shares, compared to its average volume of 95,658. Virtus Seix Senior Loan ETF has a 12 month low of $22.91 and a 12 month high of $23.76. The business has a fifty day moving average of $23.11 and a 200 day moving average of $23.29.

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.