Virtus SEIX AAA Private Credit CLO ETF (NYSEARCA:PCLO) Short Interest Up 145.3% in May

Virtus SEIX AAA Private Credit CLO ETF (NYSEARCA:PCLO) was the recipient of a large increase in short interest in the month of May. As of May 15th, there was short interest totaling 466 shares, an increase of 145.3% from the April 30th total of 190 shares. Based on an average trading volume of 374 shares, the days-to-cover ratio is presently 1.2 days. Approximately 0.1% of the company’s stock are sold short.

Virtus SEIX AAA Private Credit CLO ETF Stock Up 0.0%

PCLO opened at $24.91 on Friday. The firm’s 50 day moving average is $24.93 and its 200-day moving average is $24.97. Virtus SEIX AAA Private Credit CLO ETF has a 52-week low of $24.86 and a 52-week high of $25.06. The firm has a market capitalization of $18.68 million, a P/E ratio of -0.08 and a beta of 0.04.

Institutional Investors Weigh In On Virtus SEIX AAA Private Credit CLO ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in PCLO. Jane Street Group LLC acquired a new position in Virtus SEIX AAA Private Credit CLO ETF in the 1st quarter worth $1,060,000. Goldman Sachs Group Inc. acquired a new stake in shares of Virtus SEIX AAA Private Credit CLO ETF during the first quarter worth approximately $630,000. Royal Bank of Canada increased its stake in shares of Virtus SEIX AAA Private Credit CLO ETF by 333.0% in the fourth quarter. Royal Bank of Canada now owns 22,885 shares of the company’s stock worth $571,000 after buying an additional 17,600 shares during the last quarter. Citadel Advisors LLC bought a new stake in shares of Virtus SEIX AAA Private Credit CLO ETF in the third quarter worth $364,000. Finally, EverSource Wealth Advisors LLC raised its holdings in Virtus SEIX AAA Private Credit CLO ETF by 74.3% in the third quarter. EverSource Wealth Advisors LLC now owns 7,397 shares of the company’s stock valued at $184,000 after acquiring an additional 3,154 shares in the last quarter.

Virtus SEIX AAA Private Credit CLO ETF Company Profile

The Virtus Seix AAA Private Credit CLO ETF (PCLO) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, seeking capital preservation and current income. The fund invests debt instruments that are backed by a pool of loans to private middle market companies PCLO was launched on Dec 2, 2024 and is issued by Virtus Investment Partners.