Virtus Seix Senior Loan ETF (NYSEARCA:SEIX) Short Interest Down 66.5% in August

Virtus Seix Senior Loan ETF (NYSEARCA:SEIX) was the target of a large drop in short interest in August. As of August 31st, there was short interest totaling 13,349 shares, a drop of 66.5% from the August 15th total of 39,901 shares. Based on an average trading volume of 99,033 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the company’s stock are short sold.

Virtus Seix Senior Loan ETF Stock Performance

SEIX traded up $0.01 on Friday, reaching $23.35. The company’s stock had a trading volume of 39,254 shares, compared to its average volume of 89,350. The stock has a 50 day moving average of $23.24 and a two-hundred day moving average of $23.20. Virtus Seix Senior Loan ETF has a fifty-two week low of $22.91 and a fifty-two week high of $23.74.

Institutional Trading of Virtus Seix Senior Loan ETF

Institutional investors have recently modified their holdings of the stock. Jane Street Group LLC acquired a new stake in Virtus Seix Senior Loan ETF during the 1st quarter worth $635,000. JPMorgan Chase & Co. lifted its position in Virtus Seix Senior Loan ETF by 337.5% in the second quarter. JPMorgan Chase & Co. now owns 17,500 shares of the company’s stock valued at $412,000 after acquiring an additional 13,500 shares during the last quarter. Tower Research Capital LLC TRC acquired a new position in Virtus Seix Senior Loan ETF in the second quarter valued at $159,000. Thrivent Financial for Lutherans acquired a new stake in shares of Virtus Seix Senior Loan ETF during the second quarter worth about $390,000. Finally, Creative Planning acquired a new stake in shares of Virtus Seix Senior Loan ETF during the third quarter worth about $1,399,000.

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.