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

Virtus Seix Senior Loan ETF (NYSEARCA:SEIX) saw a large increase in short interest in January. As of January 15th, there was short interest totaling 39,215 shares, an increase of 157.5% from the December 31st total of 15,231 shares. Based on an average daily trading volume, of 103,164 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.3% of the shares of the stock are sold short. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 103,164 shares, the days-to-cover ratio is currently 0.4 days.

Virtus Seix Senior Loan ETF Trading Down 0.3%

Shares of SEIX traded down $0.06 during trading hours on Thursday, hitting $23.27. 325,915 shares of the stock traded hands, compared to its average volume of 121,669. The business has a fifty day moving average of $23.39 and a 200-day moving average of $23.51. Virtus Seix Senior Loan ETF has a 1-year low of $22.97 and a 1-year high of $24.03.

Virtus Seix Senior Loan ETF Cuts Dividend

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

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of SEIX. Richardson Capital Management LLC bought a new position in Virtus Seix Senior Loan ETF in the 3rd quarter valued at about $30,000. Geneos Wealth Management Inc. bought a new position in shares of Virtus Seix Senior Loan ETF in the 3rd quarter valued at $52,000. Tower Research Capital LLC TRC acquired a new position in shares of Virtus Seix Senior Loan ETF during the 2nd quarter worth $159,000. Elevated Capital Advisors LLC bought a new stake in shares of Virtus Seix Senior Loan ETF during the 4th quarter worth $180,000. Finally, Silver Oak Securities Incorporated acquired a new stake in Virtus Seix Senior Loan ETF in the third quarter valued at about $211,000.

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.