Virtus SEIX AAA Private Credit CLO ETF (NYSEARCA:PCLO) Short Interest Down 59.9% in May

Virtus SEIX AAA Private Credit CLO ETF (NYSEARCA:PCLOGet Free Report) was the recipient of a large decline in short interest in May. As of May 29th, there was short interest totaling 187 shares, a decline of 59.9% from the May 14th total of 466 shares. Based on an average daily volume of 845 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the company’s stock are sold short.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in PCLO. Royal Bank of Canada grew its stake in shares of Virtus SEIX AAA Private Credit CLO ETF by 26.5% during the first quarter. Royal Bank of Canada now owns 28,950 shares of the company’s stock worth $720,000 after purchasing an additional 6,065 shares in the last quarter. EverSource Wealth Advisors LLC raised its stake in Virtus SEIX AAA Private Credit CLO ETF by 40.6% in the second quarter. EverSource Wealth Advisors LLC now owns 4,243 shares of the company’s stock valued at $106,000 after buying an additional 1,226 shares in the last quarter. Goldman Sachs Group Inc. acquired a new stake in Virtus SEIX AAA Private Credit CLO ETF in the first quarter valued at $630,000. Jane Street Group LLC purchased a new stake in Virtus SEIX AAA Private Credit CLO ETF during the 1st quarter worth about $1,060,000. Finally, Citadel Advisors LLC acquired a new position in shares of Virtus SEIX AAA Private Credit CLO ETF during the 3rd quarter worth about $364,000.

Virtus SEIX AAA Private Credit CLO ETF Price Performance

PCLO stock opened at $24.95 on Friday. The firm has a market capitalization of $18.71 million, a P/E ratio of -0.08 and a beta of 0.04. The business’s 50-day moving average is $24.93 and its two-hundred day moving average is $24.96. Virtus SEIX AAA Private Credit CLO ETF has a 1 year low of $24.86 and a 1 year high of $25.80.

About Virtus SEIX AAA Private Credit CLO ETF

(Get Free Report)

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.

Further Reading

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