Virtus SEIX AAA Private Credit CLO ETF (NYSEARCA:PCLO) Sees Large Decrease in Short Interest

Virtus SEIX AAA Private Credit CLO ETF (NYSEARCA:PCLO) was the recipient of a large decrease in short interest in April. As of April 30th, there was short interest totaling 190 shares, a decrease of 88.5% from the April 15th total of 1,658 shares. Based on an average trading volume of 2,844 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

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

Several institutional investors have recently added to or reduced their stakes in the stock. Royal Bank of Canada grew its position in Virtus SEIX AAA Private Credit CLO ETF by 333.0% during the fourth quarter. Royal Bank of Canada now owns 22,885 shares of the company’s stock valued at $571,000 after buying an additional 17,600 shares during the period. Jane Street Group LLC grew its position in Virtus SEIX AAA Private Credit CLO ETF by 1.9% during the fourth quarter. Jane Street Group LLC now owns 25,418 shares of the company’s stock valued at $635,000 after buying an additional 462 shares during the period. Citadel Advisors LLC bought a new position in Virtus SEIX AAA Private Credit CLO ETF during the third quarter valued at about $364,000. EverSource Wealth Advisors LLC grew its position in Virtus SEIX AAA Private Credit CLO ETF by 74.3% during the third quarter. EverSource Wealth Advisors LLC now owns 7,397 shares of the company’s stock valued at $184,000 after buying an additional 3,154 shares during the period. Finally, Goldman Sachs Group Inc. bought a new position in Virtus SEIX AAA Private Credit CLO ETF during the first quarter valued at about $630,000.

Virtus SEIX AAA Private Credit CLO ETF Price Performance

Shares of NYSEARCA PCLO traded up $0.01 during trading on Tuesday, hitting $24.97. The stock had a trading volume of 22 shares, compared to its average volume of 2,095. The company has a market capitalization of $18.73 million, a PE ratio of -0.08 and a beta of 0.04. The firm has a fifty day moving average of $24.94 and a two-hundred day moving average of $24.97. Virtus SEIX AAA Private Credit CLO ETF has a 12 month low of $24.86 and a 12 month high of $25.06.

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.