Virtus Seix Senior Loan ETF (NYSEARCA:SEIX) Shares Shorted: Short Interest Down 78.9% in October

Virtus Seix Senior Loan ETF (NYSEARCA:SEIX) was the target of a large decline in short interest in October. As of October 30th, there was short interest totaling 15,407 shares, a decline of 78.9% from the October 15th total of 73,191 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 123,517 shares, the short-interest ratio is presently 0.1 days.

Virtus Seix Senior Loan ETF Stock Performance

Shares of NYSEARCA SEIX traded down $0.02 during midday trading on Thursday, hitting $23.10. The stock had a trading volume of 11,792 shares, compared to its average volume of 103,140. Virtus Seix Senior Loan ETF has a 1-year low of $22.91 and a 1-year high of $23.65. The company has a fifty day moving average price of $23.17 and a 200 day moving average price of $23.19.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Western Wealth Management LLC grew its stake in Virtus Seix Senior Loan ETF by 1.3% during the third quarter. Western Wealth Management LLC now owns 75,620 shares of the company’s stock worth $1,753,000 after buying an additional 945 shares during the period. International Assets Investment Management LLC increased its position in shares of Virtus Seix Senior Loan ETF by 25.5% in the third quarter. International Assets Investment Management LLC now owns 12,550 shares of the company’s stock worth $290,000 after acquiring an additional 2,550 shares in the last quarter. Commonwealth Equity Services LLC purchased a new position in shares of Virtus Seix Senior Loan ETF in the 3rd quarter valued at $320,000. James Investment Research Inc. raised its stake in shares of Virtus Seix Senior Loan ETF by 6.3% in the 3rd quarter. James Investment Research Inc. now owns 43,945 shares of the company’s stock valued at $1,019,000 after acquiring an additional 2,623 shares during the period. Finally, Blue Jean Financial LLC purchased a new position in shares of Virtus Seix Senior Loan ETF in the 3rd quarter valued at $1,751,000.

Virtus Seix Senior Loan ETF Company Profile

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.