Short Interest in SEI Enhanced U.S. Large Cap Value Factor ETF (BATS:SEIV) Increases By 78.6%

SEI Enhanced U.S. Large Cap Value Factor ETF (BATS:SEIV) saw a significant growth in short interest in August. As of August 14th, there was short interest totaling 45,588 shares, a growth of 78.6% from the July 30th total of 25,525 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 118,993 shares, the short-interest ratio is presently 0.4 days.

Institutional Trading of SEI Enhanced U.S. Large Cap Value Factor ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Kestra Advisory Services LLC bought a new position in SEI Enhanced U.S. Large Cap Value Factor ETF during the 4th quarter worth $50,000. Bank of America Corp DE increased its stake in shares of SEI Enhanced U.S. Large Cap Value Factor ETF by 197.5% in 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 period. Turning Point Benefit Group Inc. acquired a new stake in shares of SEI Enhanced U.S. Large Cap Value Factor ETF in the third quarter valued at about $84,000. Larson Financial Group LLC bought a new position in shares of SEI Enhanced U.S. Large Cap Value Factor ETF during the third quarter worth about $100,000. Finally, Silver Grove Financial Group Inc. bought a new position in shares of SEI Enhanced U.S. Large Cap Value Factor ETF during the fourth quarter worth about $111,000.

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

BATS:SEIV opened at $50.38 on Tuesday. The stock’s 50-day moving average is $49.31 and its 200-day moving average is $46.07. The stock has a market cap of $881.65 million, a P/E ratio of 13.06 and a beta of 1.03. SEI Enhanced U.S. Large Cap Value Factor ETF has a 1-year low of $37.39 and a 1-year high of $51.63.

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

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.