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

Virtus Seix Senior Loan ETF (NYSEARCA:SEIX) was the recipient of a significant decline in short interest in the month of May. As of May 15th, there was short interest totaling 76,090 shares, a decline of 71.6% from the April 30th total of 268,313 shares. Currently, 0.7% of the shares of the company are sold short. Based on an average daily volume of 77,643 shares, the days-to-cover ratio is currently 1.0 days.

Hedge Funds Weigh In On Virtus Seix Senior Loan ETF

A number of hedge funds have recently added to or reduced their stakes in the business. Cassady Wealth & Retirement Planning LLC boosted its holdings in Virtus Seix Senior Loan ETF by 75.3% in the first quarter. Cassady Wealth & Retirement Planning LLC now owns 102,698 shares of the company’s stock worth $2,386,000 after purchasing an additional 44,100 shares during the period. Cetera Investment Advisers boosted its holdings in Virtus Seix Senior Loan ETF by 1.4% in the first quarter. Cetera Investment Advisers now owns 153,359 shares of the company’s stock worth $3,537,000 after purchasing an additional 2,180 shares during the period. Independent Financial Group LLC acquired a new position in Virtus Seix Senior Loan ETF in the first quarter worth $498,000. Illumine Investment Management LLC boosted its holdings in Virtus Seix Senior Loan ETF by 2.1% in the first quarter. Illumine Investment Management LLC now owns 165,937 shares of the company’s stock worth $3,827,000 after purchasing an additional 3,334 shares during the period. Finally, Diversify Wealth Management LLC boosted its holdings in Virtus Seix Senior Loan ETF by 7.0% in the first quarter. Diversify Wealth Management LLC now owns 11,070 shares of the company’s stock worth $257,000 after purchasing an additional 728 shares during the period.

Virtus Seix Senior Loan ETF Stock Performance

Virtus Seix Senior Loan ETF stock traded down $0.02 during mid-day trading on Friday, reaching $23.21. The company’s stock had a trading volume of 108,180 shares, compared to its average volume of 92,391. The business has a 50 day moving average price of $23.18 and a 200-day moving average price of $23.26. Virtus Seix Senior Loan ETF has a twelve month low of $22.91 and a twelve month high of $23.76.

About Virtus Seix Senior Loan ETF

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.