Virtus SEIX AAA Private Credit CLO ETF (NYSEARCA:PCLO) Short Interest Up 145.3% in May

Virtus SEIX AAA Private Credit CLO ETF (NYSEARCA:PCLO) saw a significant increase in short interest in May. As of May 15th, there was short interest totaling 466 shares, an increase of 145.3% from the April 30th total of 190 shares. Based on an average daily trading volume, of 374 shares, the days-to-cover ratio is presently 1.2 days. Approximately 0.1% of the shares of the stock are short sold.

Virtus SEIX AAA Private Credit CLO ETF Stock Performance

Shares of NYSEARCA:PCLO opened at $24.91 on Tuesday. Virtus SEIX AAA Private Credit CLO ETF has a twelve month low of $24.86 and a twelve month high of $25.06. The firm has a market cap of $18.68 million, a PE ratio of -0.08 and a beta of 0.04. The business has a fifty day moving average of $24.93 and a 200-day moving average of $24.96.

Institutional Trading of Virtus SEIX AAA Private Credit CLO ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. EverSource Wealth Advisors LLC increased its position in Virtus SEIX AAA Private Credit CLO ETF by 74.3% in the third quarter. EverSource Wealth Advisors LLC now owns 7,397 shares of the company’s stock worth $184,000 after purchasing an additional 3,154 shares during the period. Royal Bank of Canada increased its position in Virtus SEIX AAA Private Credit CLO ETF by 26.5% in 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 during the period. Goldman Sachs Group Inc. acquired a new stake in Virtus SEIX AAA Private Credit CLO ETF in the first quarter worth about $630,000. Jane Street Group LLC acquired a new stake in Virtus SEIX AAA Private Credit CLO ETF in the first quarter worth about $1,060,000. Finally, Citadel Advisors LLC acquired a new stake in Virtus SEIX AAA Private Credit CLO ETF in the third quarter worth about $364,000.

Virtus SEIX AAA Private Credit CLO ETF Company Profile

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.