Short Interest in Virtus Seix Senior Loan ETF (NYSEARCA:SEIX) Expands By 769.2%

Virtus Seix Senior Loan ETF (NYSEARCA:SEIX) was the recipient of a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 21,052 shares, an increase of 769.2% from the July 15th total of 2,422 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average trading volume of 73,527 shares, the short-interest ratio is currently 0.3 days.

Virtus Seix Senior Loan ETF Stock Performance

SEIX traded up $0.02 during midday trading on Tuesday, reaching $23.28. 60,210 shares of the company’s stock were exchanged, compared to its average volume of 88,042. The business’s 50-day moving average price is $23.20 and its 200 day moving average price is $23.19. Virtus Seix Senior Loan ETF has a 1-year low of $22.91 and a 1-year high of $23.74.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Diversify Wealth Management LLC grew its holdings in Virtus Seix Senior Loan ETF by 7.0% during the 1st quarter. Diversify Wealth Management LLC now owns 11,070 shares of the company’s stock valued at $257,000 after buying an additional 728 shares during the last quarter. Prospera Financial Services Inc raised its holdings in shares of Virtus Seix Senior Loan ETF by 5.9% in the fourth quarter. Prospera Financial Services Inc now owns 14,777 shares of the company’s stock worth $345,000 after acquiring an additional 829 shares during the last quarter. Wells Fargo & Company MN raised its holdings in shares of Virtus Seix Senior Loan ETF by 327.0% in the fourth quarter. Wells Fargo & Company MN now owns 1,251 shares of the company’s stock worth $29,000 after acquiring an additional 958 shares during the last quarter. MML Investors Services LLC raised its holdings in shares of Virtus Seix Senior Loan ETF by 5.7% in the fourth quarter. MML Investors Services LLC now owns 21,096 shares of the company’s stock worth $492,000 after acquiring an additional 1,145 shares during the last quarter. Finally, Integrated Wealth Concepts LLC lifted its position in shares of Virtus Seix Senior Loan ETF by 2.5% in the third quarter. Integrated Wealth Concepts LLC now owns 55,591 shares of the company’s stock valued at $1,311,000 after acquiring an additional 1,350 shares in the last quarter.

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.