Short Interest in SEI Enhanced U.S. Large Cap Value Factor ETF (BATS:SEIV) Expands By 85.5%

SEI Enhanced U.S. Large Cap Value Factor ETF (BATS:SEIVGet Free Report) was the recipient of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 25,525 shares, an increase of 85.5% from the July 15th total of 13,760 shares. Based on an average trading volume of 164,255 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the shares of the stock are sold short.

SEI Enhanced U.S. Large Cap Value Factor ETF Stock Performance

SEIV opened at $51.03 on Tuesday. The stock has a market capitalization of $893.02 million, a price-to-earnings ratio of 13.06 and a beta of 1.03. The company has a fifty day moving average of $48.75 and a 200 day moving average of $45.50. SEI Enhanced U.S. Large Cap Value Factor ETF has a fifty-two week low of $36.94 and a fifty-two week high of $51.63.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Morton Brown Family Wealth LLC bought a new stake in shares of SEI Enhanced U.S. Large Cap Value Factor ETF in the fourth quarter worth about $46,000. Kestra Advisory Services LLC bought a new position in SEI Enhanced U.S. Large Cap Value Factor ETF during the fourth quarter valued at approximately $50,000. Bank of America Corp DE boosted its stake in SEI Enhanced U.S. Large Cap Value Factor ETF by 197.5% during the fourth quarter. Bank of America Corp DE now owns 1,410 shares of the company’s stock valued at $47,000 after buying an additional 936 shares during the last quarter. Turning Point Benefit Group Inc. purchased a new position in SEI Enhanced U.S. Large Cap Value Factor ETF during the 3rd quarter valued at approximately $84,000. Finally, Larson Financial Group LLC purchased a new position in SEI Enhanced U.S. Large Cap Value Factor ETF during the 3rd quarter valued at approximately $100,000.

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

(Get Free Report)

The SEI Large Cap Value Factor ETF (SEIV) is an exchange-traded fund that mostly invests in large cap equity. The fund actively selects US large-cap stocks that are perceived to be at a discount relative to their fair valuation. SEIV was launched on May 18, 2022 and is managed by SEI.

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