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

SEI Enhanced U.S. Large Cap Quality Factor ETF (BATS:SEIQ) was the target of a significant growth in short interest during the month of 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. Currently, 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 100,258 shares, the short-interest ratio is currently 0.1 days.

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

BATS SEIQ opened at $41.20 on Thursday. SEI Enhanced U.S. Large Cap Quality Factor ETF has a twelve month low of $35.53 and a twelve month high of $41.55. The stock has a market cap of $370.80 million, a PE ratio of 26.58 and a beta of 0.83. The firm has a 50-day simple moving average of $39.91 and a 200 day simple moving average of $38.83.

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

A number of hedge funds have recently modified their holdings of the company. Turning Point Benefit Group Inc. acquired a new stake in shares of SEI Enhanced U.S. Large Cap Quality Factor ETF during the 3rd quarter worth approximately $39,000. Larson Financial Group LLC acquired a new position in shares of SEI Enhanced U.S. Large Cap Quality Factor ETF in the third quarter valued at $48,000. Whipplewood Advisors LLC raised its stake in shares of SEI Enhanced U.S. Large Cap Quality Factor ETF by 120.7% in the first 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 in the last quarter. Binnacle Investments Inc lifted its position in SEI Enhanced U.S. Large Cap Quality Factor ETF by 60.1% in 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 lifted its position in SEI Enhanced U.S. Large Cap Quality Factor ETF by 4.0% in 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.

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.