Short Interest in Virtus SEIX AAA Private Credit CLO ETF (NYSEARCA:PCLO) Increases By 8,981.3%

Virtus SEIX AAA Private Credit CLO ETF (NYSEARCA:PCLO) saw a large increase in short interest in June. As of June 15th, there was short interest totaling 16,982 shares, an increase of 8,981.3% from the May 31st total of 187 shares. Based on an average trading volume of 20,188 shares, the days-to-cover ratio is currently 0.8 days. Approximately 2.3% of the shares of the stock are short sold.

Hedge Funds Weigh In On Virtus SEIX AAA Private Credit CLO ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Royal Bank of Canada boosted its holdings in shares of Virtus SEIX AAA Private Credit CLO ETF by 20.3% during the 1st quarter. Royal Bank of Canada now owns 35,578 shares of the company’s stock worth $887,000 after buying an additional 6,008 shares in the last quarter. Goldman Sachs Group Inc. bought a new stake in shares of Virtus SEIX AAA Private Credit CLO ETF in the 1st quarter valued at $630,000. Jane Street Group LLC acquired a new position in shares of Virtus SEIX AAA Private Credit CLO ETF during the 1st quarter valued at $1,060,000. EverSource Wealth Advisors LLC lifted its position in shares of Virtus SEIX AAA Private Credit CLO ETF by 40.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 4,243 shares of the company’s stock valued at $106,000 after acquiring an additional 1,226 shares during the period. Finally, Citadel Advisors LLC bought a new position in Virtus SEIX AAA Private Credit CLO ETF during the third quarter worth $364,000.

Virtus SEIX AAA Private Credit CLO ETF Price Performance

PCLO opened at $24.89 on Friday. Virtus SEIX AAA Private Credit CLO ETF has a fifty-two week low of $24.85 and a fifty-two week high of $25.80. The firm has a market capitalization of $18.67 million, a price-to-earnings ratio of -0.08 and a beta of 0.04. The company’s 50 day moving average price is $24.93 and its two-hundred day moving average price is $24.96.

About Virtus SEIX AAA Private Credit CLO ETF

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.