SEI Enhanced U.S. Large Cap Quality Factor ETF (BATS:SEIQ) Short Interest Up 149.4% in July

SEI Enhanced U.S. Large Cap Quality Factor ETF (BATS:SEIQ) was the target of a significant growth in short interest in July. As of July 15th, there was short interest totaling 14,117 shares, a growth of 149.4% from the June 30th total of 5,660 shares. Based on an average daily trading volume, of 100,258 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.2% of the company’s stock are short sold.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. Turning Point Benefit Group Inc. acquired a new position in shares of SEI Enhanced U.S. Large Cap Quality Factor ETF during the 3rd quarter worth about $39,000. Larson Financial Group LLC acquired a new stake in SEI Enhanced U.S. Large Cap Quality Factor ETF in the 3rd quarter valued at about $48,000. Whipplewood Advisors LLC lifted its stake in SEI Enhanced U.S. Large Cap Quality Factor ETF by 120.7% in the 1st quarter. Whipplewood Advisors LLC now owns 2,911 shares of the company’s stock valued at $106,000 after purchasing an additional 1,592 shares during the last quarter. Binnacle Investments Inc grew its holdings 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 worth $127,000 after purchasing an additional 1,277 shares during the period. Finally, Stewardship Advisors LLC grew its holdings in SEI Enhanced U.S. Large Cap Quality Factor ETF by 4.0% during the fourth quarter. Stewardship Advisors LLC now owns 12,032 shares of the company’s stock worth $468,000 after purchasing an additional 464 shares during the period.

SEI Enhanced U.S. Large Cap Quality Factor ETF Trading Up 1.1%

Shares of SEIQ opened at $40.58 on Tuesday. The company’s fifty day simple moving average is $39.84 and its 200 day simple moving average is $38.80. SEI Enhanced U.S. Large Cap Quality Factor ETF has a 1-year low of $35.53 and a 1-year high of $41.13. The company has a market cap of $365.22 million, a price-to-earnings ratio of 26.58 and a beta of 0.83.

About SEI Enhanced U.S. Large Cap Quality Factor ETF

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.