Short Interest in Virtus SEIX AAA Private Credit CLO ETF (NYSEARCA:PCLO) Drops By 77.5%

Virtus SEIX AAA Private Credit CLO ETF (NYSEARCA:PCLO) saw a large drop in short interest in February. As of February 27th, there was short interest totaling 2,294 shares, a drop of 77.5% from the February 12th total of 10,205 shares. Based on an average trading volume of 3,234 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.3% of the shares of the stock are short sold. Approximately 0.3% of the shares of the stock are short sold. Based on an average trading volume of 3,234 shares, the days-to-cover ratio is currently 0.7 days.

Institutional Investors Weigh In On Virtus SEIX AAA Private Credit CLO ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. Steward Partners Investment Advisory LLC bought a new position in Virtus SEIX AAA Private Credit CLO ETF during the second quarter worth $40,000. EverSource Wealth Advisors LLC raised its stake in 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 worth $106,000 after buying an additional 1,226 shares during the period. Citadel Advisors LLC acquired a new position in shares of Virtus SEIX AAA Private Credit CLO ETF during the third quarter worth approximately $364,000. Royal Bank of Canada lifted its stake in shares of Virtus SEIX AAA Private Credit CLO ETF by 333.0% in 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 in the last quarter. Finally, Goldman Sachs Group Inc. bought a new position in Virtus SEIX AAA Private Credit CLO ETF in the 1st quarter valued at about $630,000.

Virtus SEIX AAA Private Credit CLO ETF Price Performance

PCLO stock traded down $0.02 during midday trading on Wednesday, reaching $24.98. 4,242 shares of the stock were exchanged, compared to its average volume of 2,316. Virtus SEIX AAA Private Credit CLO ETF has a 52 week low of $24.70 and a 52 week high of $25.07. The company has a fifty day moving average price of $24.98 and a 200 day moving average price of $24.98. The stock has a market capitalization of $17.49 million, a PE ratio of -0.08 and a beta of -0.18.

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.