Virtus Seix Senior Loan ETF (NYSEARCA:SEIX) Sees Large Growth in Short Interest

Virtus Seix Senior Loan ETF (NYSEARCA:SEIX) was the target of a large growth in short interest in August. As of August 14th, there was short interest totaling 39,901 shares, a growth of 89.5% from the July 30th total of 21,052 shares. Based on an average daily trading volume, of 86,265 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.4% of the shares of the company are short sold.

Virtus Seix Senior Loan ETF Stock Up 0.1%

Virtus Seix Senior Loan ETF stock traded up $0.03 during mid-day trading on Monday, hitting $23.31. 179,458 shares of the company’s stock traded hands, compared to its average volume of 88,215. The firm has a 50 day moving average price of $23.20 and a 200 day moving average price of $23.19. Virtus Seix Senior Loan ETF has a one year low of $22.91 and a one year high of $23.74.

Institutional Investors Weigh In On Virtus Seix Senior Loan ETF

Several institutional investors have recently bought and sold shares of the stock. Wells Fargo & Company MN increased its stake in Virtus Seix Senior Loan ETF by 327.0% during the 4th quarter. Wells Fargo & Company MN now owns 1,251 shares of the company’s stock valued at $29,000 after buying an additional 958 shares during the period. Scarborough Advisors LLC raised its holdings in Virtus Seix Senior Loan ETF by 160.1% during the fourth quarter. Scarborough Advisors LLC now owns 5,382 shares of the company’s stock worth $126,000 after purchasing an additional 3,313 shares in the last quarter. Tower Research Capital LLC TRC bought a new stake in Virtus Seix Senior Loan ETF during the second quarter worth approximately $159,000. Anfield Capital Management LLC lifted its position in Virtus Seix Senior Loan ETF by 37.5% in the fourth quarter. Anfield Capital Management LLC now owns 7,133 shares of the company’s stock worth $167,000 after purchasing an additional 1,945 shares during the period. Finally, Ausdal Financial Partners Inc. acquired a new stake in Virtus Seix Senior Loan ETF in the fourth quarter worth approximately $256,000.

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.