Virtus Seix Senior Loan ETF (NYSEARCA:SEIX) Short Interest Down 71.6% in May

Virtus Seix Senior Loan ETF (NYSEARCA:SEIX) saw a significant decrease in short interest during the month of May. As of May 15th, there was short interest totaling 76,090 shares, a decrease of 71.6% from the April 30th total of 268,313 shares. Approximately 0.7% of the shares of the stock are sold short. Based on an average daily volume of 77,643 shares, the short-interest ratio is presently 1.0 days.

Hedge Funds Weigh In On Virtus Seix Senior Loan ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Destiny Wealth Partners LLC grew its position in shares of Virtus Seix Senior Loan ETF by 3,525.5% in the fourth quarter. Destiny Wealth Partners LLC now owns 726,374 shares of the company’s stock valued at $16,948,000 after purchasing an additional 706,339 shares during the last quarter. Flow Traders U.S. LLC acquired a new position in shares of Virtus Seix Senior Loan ETF during the 3rd quarter worth approximately $3,659,000. JPMorgan Chase & Co. lifted its stake in 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 buying an additional 143,955 shares in the last quarter. Thrivent Financial for Lutherans lifted its stake in Virtus Seix Senior Loan ETF by 661.7% in the 3rd quarter. Thrivent Financial for Lutherans now owns 126,200 shares of the company’s stock valued at $2,977,000 after buying an additional 109,632 shares in the last quarter. Finally, Jane Street Group LLC grew its holdings in Virtus Seix Senior Loan ETF by 384.7% during the 2nd quarter. Jane Street Group LLC now owns 130,374 shares of the company’s stock valued at $3,072,000 after buying an additional 103,474 shares during the last quarter.

Virtus Seix Senior Loan ETF Trading Down 0.1%

Shares of NYSEARCA:SEIX traded down $0.02 during midday trading on Friday, hitting $23.21. 108,180 shares of the stock were exchanged, compared to its average volume of 92,391. Virtus Seix Senior Loan ETF has a twelve month low of $22.91 and a twelve month high of $23.76. The company has a 50 day moving average price of $23.18 and a 200-day moving average price of $23.26.

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.