Virtus Seix Senior Loan ETF (NYSEARCA:SEIX) Sees Significant Growth in Short Interest

Virtus Seix Senior Loan ETF (NYSEARCA:SEIX) was the target of a large growth in short interest in July. As of July 15th, there was short interest totaling 2,422 shares, a growth of 111.2% from the June 30th total of 1,147 shares. Based on an average daily trading volume, of 56,607 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

Institutional Investors Weigh In On Virtus Seix Senior Loan ETF

Several large investors have recently added to or reduced their stakes in the stock. Wells Fargo & Company MN raised its position in Virtus Seix Senior Loan ETF by 327.0% during the fourth quarter. Wells Fargo & Company MN now owns 1,251 shares of the company’s stock valued at $29,000 after purchasing an additional 958 shares during the period. Scarborough Advisors LLC boosted its holdings in shares of Virtus Seix Senior Loan ETF by 160.1% in the 4th quarter. Scarborough Advisors LLC now owns 5,382 shares of the company’s stock worth $126,000 after purchasing an additional 3,313 shares during the period. Tower Research Capital LLC TRC bought a new position in shares of Virtus Seix Senior Loan ETF during the 2nd quarter valued at approximately $159,000. Anfield Capital Management LLC increased its position in shares of Virtus Seix Senior Loan ETF by 37.5% during the 4th quarter. Anfield Capital Management LLC now owns 7,133 shares of the company’s stock valued at $167,000 after purchasing an additional 1,945 shares during the last quarter. Finally, Elevated Capital Advisors LLC bought a new position in shares of Virtus Seix Senior Loan ETF during the 4th quarter valued at approximately $180,000.

Virtus Seix Senior Loan ETF Stock Performance

Shares of Virtus Seix Senior Loan ETF stock traded up $0.02 during trading hours on Thursday, reaching $23.17. The company’s stock had a trading volume of 29,182 shares, compared to its average volume of 88,011. The firm has a 50 day moving average price of $23.20 and a 200-day moving average price of $23.20. Virtus Seix Senior Loan ETF has a one year low of $22.91 and a one year high of $23.74.

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.