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

Virtus SEIX AAA Private Credit CLO ETF (NYSEARCA:PCLO) was the recipient of a significant growth in short interest in 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. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 374 shares, the days-to-cover ratio is presently 1.2 days.

Virtus SEIX AAA Private Credit CLO ETF Stock Performance

NYSEARCA:PCLO traded up $0.01 during trading hours on Monday, hitting $24.91. The company’s stock had a trading volume of 237 shares, compared to its average volume of 1,922. The business’s 50-day moving average is $24.93 and its two-hundred day moving average is $24.96. The company has a market capitalization of $18.68 million, a PE ratio of -0.08 and a beta of 0.04. Virtus SEIX AAA Private Credit CLO ETF has a 52-week low of $24.86 and a 52-week high of $25.06.

Institutional Trading of Virtus SEIX AAA Private Credit CLO ETF

A number of institutional investors have recently added to or reduced their stakes in the stock. Royal Bank of Canada boosted its holdings in Virtus SEIX AAA Private Credit CLO ETF by 26.5% during the first quarter. Royal Bank of Canada now owns 28,950 shares of the company’s stock worth $720,000 after buying an additional 6,065 shares in the last quarter. Jane Street Group LLC increased its stake in Virtus SEIX AAA Private Credit CLO ETF by 1.9% in the 4th quarter. Jane Street Group LLC now owns 25,418 shares of the company’s stock valued at $635,000 after purchasing an additional 462 shares in the last quarter. Citadel Advisors LLC purchased a new position in Virtus SEIX AAA Private Credit CLO ETF in the 3rd quarter valued at approximately $364,000. EverSource Wealth Advisors LLC increased its stake in Virtus SEIX AAA Private Credit CLO ETF by 74.3% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 7,397 shares of the company’s stock valued at $184,000 after purchasing an additional 3,154 shares in the last quarter. Finally, Goldman Sachs Group Inc. purchased a new stake in shares of Virtus SEIX AAA Private Credit CLO ETF in the 1st quarter worth about $630,000.

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.