Virtus SEIX AAA Private Credit CLO ETF (NYSEARCA:PCLO) Short Interest Up 145.3% in May
by Teresa Graham · The Cerbat GemVirtus SEIX AAA Private Credit CLO ETF (NYSEARCA:PCLO – Get Free Report) was the recipient of a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 466 shares, a growth of 145.3% from the April 30th total of 190 shares. Based on an average daily trading volume, of 374 shares, the short-interest ratio is presently 1.2 days. Approximately 0.1% of the company’s shares are short sold.
Virtus SEIX AAA Private Credit CLO ETF Stock Up 0.0%
Shares of PCLO stock opened at $24.91 on Friday. Virtus SEIX AAA Private Credit CLO ETF has a fifty-two week low of $24.86 and a fifty-two week high of $25.06. The firm’s 50 day moving average price is $24.93 and its two-hundred day moving average price is $24.97. The stock has a market cap of $18.68 million, a price-to-earnings ratio of -0.08 and a beta of 0.04.
Hedge Funds Weigh In On Virtus SEIX AAA Private Credit CLO ETF
Hedge funds and other institutional investors have recently made changes to their positions in the business. EverSource Wealth Advisors LLC increased its holdings in Virtus SEIX AAA Private Credit CLO ETF by 40.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 4,243 shares of the company’s stock valued at $106,000 after purchasing an additional 1,226 shares in the last quarter. Citadel Advisors LLC acquired a new position in shares of Virtus SEIX AAA Private Credit CLO ETF during the third quarter worth about $364,000. Royal Bank of Canada lifted its stake in shares of 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 worth $571,000 after purchasing an additional 17,600 shares in the last quarter. Goldman Sachs Group Inc. purchased a new stake in shares of Virtus SEIX AAA Private Credit CLO ETF in the first quarter worth about $630,000. Finally, Jane Street Group LLC boosted its position in shares of Virtus SEIX AAA Private Credit CLO ETF by 1.9% in the fourth quarter. Jane Street Group LLC now owns 25,418 shares of the company’s stock worth $635,000 after buying an additional 462 shares during the period.
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.