Short Interest in SEI Enhanced U.S. Large Cap Quality Factor ETF (BATS:SEIQ) Expands By 136.3%

SEI Enhanced U.S. Large Cap Quality Factor ETF (BATS:SEIQ) was the recipient of a significant increase in short interest during the month of August. As of August 14th, there was short interest totaling 19,912 shares, an increase of 136.3% from the July 30th total of 8,427 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 32,995 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Investors Weigh In On SEI Enhanced U.S. Large Cap Quality Factor ETF

A number of institutional investors have recently modified their holdings of the business. Turning Point Benefit Group Inc. bought a new stake in shares of SEI Enhanced U.S. Large Cap Quality Factor ETF in the third quarter valued at approximately $39,000. Larson Financial Group LLC acquired a new position in SEI Enhanced U.S. Large Cap Quality Factor ETF in the third quarter valued at about $48,000. Continuum Advisory LLC acquired a new position in shares of SEI Enhanced U.S. Large Cap Quality Factor ETF in the 2nd quarter valued at approximately $63,000. Whipplewood Advisors LLC lifted its holdings in shares of SEI Enhanced U.S. Large Cap Quality Factor ETF by 120.7% during the 1st quarter. Whipplewood Advisors LLC now owns 2,911 shares of the company’s stock worth $106,000 after acquiring an additional 1,592 shares during the period. Finally, Binnacle Investments Inc raised its position in SEI Enhanced U.S. Large Cap Quality Factor ETF by 60.1% during the second quarter. Binnacle Investments Inc now owns 3,403 shares of the company’s stock valued at $127,000 after purchasing an additional 1,277 shares in the last quarter.

SEI Enhanced U.S. Large Cap Quality Factor ETF Price Performance

Shares of SEI Enhanced U.S. Large Cap Quality Factor ETF stock opened at $42.51 on Friday. The business has a fifty day simple moving average of $40.91 and a two-hundred day simple moving average of $39.30. SEI Enhanced U.S. Large Cap Quality Factor ETF has a 1 year low of $35.53 and a 1 year high of $42.72. The company has a market capitalization of $382.59 million, a price-to-earnings ratio of 26.58 and a beta of 0.83.

SEI Enhanced U.S. Large Cap Quality Factor ETF Company Profile

The SEI Large Cap Quality Factor ETF (SEIQ) is an exchange-traded fund that mostly invests in large cap equity. The fund actively selects US large-cap stocks it perceives as high quality, based on various quality, profitability, and risk factors. SEIQ was launched on May 18, 2022 and is managed by SEI.