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

Virtus Seix Senior Loan ETF (NYSEARCA:SEIX) was the recipient of a significant increase in short interest in the month of 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 days-to-cover ratio is currently 0.3 days.

Virtus Seix Senior Loan ETF Stock Performance

Virtus Seix Senior Loan ETF stock traded down $0.02 during trading hours on Wednesday, reaching $23.26. 4,857 shares of the company’s stock traded hands, compared to its average volume of 87,491. Virtus Seix Senior Loan ETF has a fifty-two week low of $22.91 and a fifty-two week high of $23.74. The firm’s 50 day moving average is $23.20 and its 200-day moving average is $23.19.

Institutional Trading of Virtus Seix Senior Loan ETF

A number of institutional investors have recently bought and sold shares of the business. Destiny Wealth Partners LLC raised its position in shares of Virtus Seix Senior Loan ETF by 3,525.5% during the fourth quarter. Destiny Wealth Partners LLC now owns 726,374 shares of the company’s stock worth $16,948,000 after purchasing an additional 706,339 shares during the period. JPMorgan Chase & Co. grew its position in shares of Virtus Seix Senior Loan ETF by 822.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 161,455 shares of the company’s stock valued at $3,809,000 after purchasing an additional 143,955 shares during the period. Jane Street Group LLC grew its position in shares of Virtus Seix Senior Loan ETF by 384.7% in the 2nd quarter. Jane Street Group LLC now owns 130,374 shares of the company’s stock valued at $3,072,000 after purchasing an additional 103,474 shares during the period. Triad Wealth Partners LLC increased its stake in Virtus Seix Senior Loan ETF by 257.6% during the 1st quarter. Triad Wealth Partners LLC now owns 132,219 shares of the company’s stock worth $3,049,000 after purchasing an additional 95,250 shares in the last quarter. Finally, Creative Planning bought a new stake in Virtus Seix Senior Loan ETF during the 3rd quarter worth approximately $1,399,000.

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.