Short Interest in Virtus Seix Senior Loan ETF (NYSEARCA:SEIX) Increases By 89.5%

Virtus Seix Senior Loan ETF (NYSEARCA:SEIX) saw a significant growth in short interest in August. As of August 14th, there was short interest totaling 39,901 shares, a growth of 89.5% from the July 30th total of 21,052 shares. Based on an average daily volume of 86,265 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.4% of the company’s stock are sold short.

Virtus Seix Senior Loan ETF Price Performance

Shares of Virtus Seix Senior Loan ETF stock opened at $23.31 on Tuesday. The business has a fifty day simple moving average of $23.20 and a two-hundred day simple moving average of $23.19. Virtus Seix Senior Loan ETF has a 12 month low of $22.91 and a 12 month high of $23.74.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of SEIX. Destiny Wealth Partners LLC boosted its stake in Virtus Seix Senior Loan ETF by 3,525.5% during the fourth quarter. Destiny Wealth Partners LLC now owns 726,374 shares of the company’s stock worth $16,948,000 after acquiring an additional 706,339 shares in the last quarter. Ignite Planners LLC lifted its holdings in shares of Virtus Seix Senior Loan ETF by 2.2% during the fourth quarter. Ignite Planners LLC now owns 340,601 shares of the company’s stock valued at $7,914,000 after purchasing an additional 7,475 shares during the last quarter. AdvisorNet Financial Inc lifted its holdings in shares of Virtus Seix Senior Loan ETF by 3.8% during the first quarter. AdvisorNet Financial Inc now owns 251,060 shares of the company’s stock valued at $5,790,000 after purchasing an additional 9,201 shares during the last quarter. Foundations Investment Advisors LLC lifted its holdings in shares of Virtus Seix Senior Loan ETF by 13.4% during the fourth quarter. Foundations Investment Advisors LLC now owns 249,224 shares of the company’s stock valued at $5,818,000 after purchasing an additional 29,517 shares during the last quarter. Finally, Atria Investments Inc boosted its position in shares of Virtus Seix Senior Loan ETF by 9.6% in the 4th quarter. Atria Investments Inc now owns 222,318 shares of the company’s stock worth $5,190,000 after purchasing an additional 19,564 shares in the last quarter.

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.