Short Interest in Virtus Seix Senior Loan ETF (NYSEARCA:SEIX) Declines By 93.3%

Virtus Seix Senior Loan ETF (NYSEARCA:SEIX) was the target of a significant drop in short interest in the month of December. As of December 31st, there was short interest totaling 15,231 shares, a drop of 93.3% from the December 15th total of 228,095 shares. Based on an average trading volume of 140,590 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the shares of the company are sold short. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 140,590 shares, the short-interest ratio is currently 0.1 days.

Virtus Seix Senior Loan ETF Trading Down 0.0%

Shares of SEIX stock traded down $0.01 during mid-day trading on Wednesday, reaching $23.41. 98,876 shares of the company’s stock traded hands, compared to its average volume of 104,820. Virtus Seix Senior Loan ETF has a 12 month low of $22.97 and a 12 month high of $24.03. The firm has a 50 day moving average price of $23.41 and a two-hundred day moving average price of $23.53.

Institutional Trading of Virtus Seix Senior Loan ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. B. Riley Wealth Advisors Inc. purchased a new stake in shares of Virtus Seix Senior Loan ETF in the second quarter worth $552,000. Wealthstar Advisors LLC lifted its stake in shares of Virtus Seix Senior Loan ETF by 8.8% during the 2nd quarter. Wealthstar Advisors LLC now owns 18,733 shares of the company’s stock valued at $441,000 after buying an additional 1,519 shares in the last quarter. AdvisorNet Financial Inc boosted its holdings in Virtus Seix Senior Loan ETF by 37.6% in the 2nd quarter. AdvisorNet Financial Inc now owns 138,904 shares of the company’s stock worth $3,273,000 after buying an additional 37,956 shares during the period. Atria Investments Inc increased its stake in Virtus Seix Senior Loan ETF by 18.2% in the 2nd quarter. Atria Investments Inc now owns 181,644 shares of the company’s stock worth $4,280,000 after buying an additional 27,959 shares in the last quarter. Finally, Ignite Planners LLC raised its holdings in Virtus Seix Senior Loan ETF by 7.3% during the second quarter. Ignite Planners LLC now owns 342,937 shares of the company’s stock valued at $8,145,000 after acquiring an additional 23,364 shares during the period.

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.