Virtus Seix Senior Loan ETF (NYSEARCA:SEIX) Short Interest Up 210.6% in July

Virtus Seix Senior Loan ETF (NYSEARCA:SEIX) saw a significant growth in short interest in July. As of July 31st, there was short interest totaling 82,300 shares, agrowthof210.6% from the July 15th total of 26,500 shares. Currently,0.6% of the company’s stock are sold short. Based on an average daily trading volume, of 93,800 shares, the short-interest ratio is presently 0.9 days. Based on an average daily trading volume, of 93,800 shares, the short-interest ratio is presently 0.9 days. Currently,0.6% of the company’s stock are sold short.

Virtus Seix Senior Loan ETF Price Performance

Shares of NYSEARCA:SEIX opened at $23.65 on Monday. Virtus Seix Senior Loan ETF has a 52 week low of $22.97 and a 52 week high of $24.12. The firm has a 50 day moving average of $23.61 and a 200 day moving average of $23.59.

Hedge Funds Weigh In On Virtus Seix Senior Loan ETF

A number of large investors have recently bought and sold shares of the business. Cornerstone Planning Group LLC grew its holdings in Virtus Seix Senior Loan ETF by 1.7% in the first quarter. Cornerstone Planning Group LLC now owns 25,671 shares of the company’s stock worth $597,000 after purchasing an additional 438 shares during the last quarter. RDA Financial Network grew its holdings in shares of Virtus Seix Senior Loan ETF by 0.8% during the second quarter. RDA Financial Network now owns 58,578 shares of the company’s stock valued at $1,380,000 after buying an additional 467 shares during the last quarter. Titleist Asset Management LLC grew its holdings in shares of Virtus Seix Senior Loan ETF by 5.7% during the second quarter. Titleist Asset Management LLC now owns 10,672 shares of the company’s stock valued at $251,000 after buying an additional 579 shares during the last quarter. USAdvisors Wealth Management LLC grew its holdings in shares of Virtus Seix Senior Loan ETF by 0.5% during the second quarter. USAdvisors Wealth Management LLC now owns 123,349 shares of the company’s stock valued at $2,905,000 after buying an additional 607 shares during the last quarter. Finally, Prospera Financial Services Inc boosted its holdings in Virtus Seix Senior Loan ETF by 6.4% in the second quarter. Prospera Financial Services Inc now owns 13,314 shares of the company’s stock valued at $314,000 after purchasing an additional 803 shares during 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.