Virtus SEIX AAA Private Credit CLO ETF (NYSEARCA:PCLO) Short Interest Up 8,981.3% in June

Virtus SEIX AAA Private Credit CLO ETF (NYSEARCA:PCLO) was the recipient of a significant increase in short interest during the month of June. As of June 15th, there was short interest totaling 16,982 shares, an increase of 8,981.3% from the May 31st total of 187 shares. Approximately 2.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 20,188 shares, the days-to-cover ratio is presently 0.8 days.

Virtus SEIX AAA Private Credit CLO ETF Stock Performance

Shares of NYSEARCA:PCLO opened at $24.89 on Friday. Virtus SEIX AAA Private Credit CLO ETF has a one year low of $24.85 and a one year high of $25.80. The stock has a fifty day moving average of $24.93 and a 200-day moving average of $24.96. The company has a market capitalization of $18.67 million, a PE ratio of -0.08 and a beta of 0.04.

Institutional Investors Weigh In On Virtus SEIX AAA Private Credit CLO ETF

Several hedge funds have recently bought and sold shares of the business. Jane Street Group LLC boosted its position in Virtus SEIX AAA Private Credit CLO ETF by 1.9% during the 4th quarter. Jane Street Group LLC now owns 25,418 shares of the company’s stock worth $635,000 after acquiring an additional 462 shares during the period. Royal Bank of Canada increased its holdings in shares of Virtus SEIX AAA Private Credit CLO ETF by 20.3% in the 1st quarter. Royal Bank of Canada now owns 35,578 shares of the company’s stock valued at $887,000 after purchasing an additional 6,008 shares during the period. Citadel Advisors LLC purchased a new stake in shares of Virtus SEIX AAA Private Credit CLO ETF in the third quarter worth approximately $364,000. EverSource Wealth Advisors LLC lifted its position in shares of Virtus SEIX AAA Private Credit CLO ETF by 40.6% in the second quarter. EverSource Wealth Advisors LLC now owns 4,243 shares of the company’s stock worth $106,000 after purchasing an additional 1,226 shares in the last quarter. Finally, Goldman Sachs Group Inc. acquired a new stake in shares of Virtus SEIX AAA Private Credit CLO ETF during the first quarter worth approximately $630,000.

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.