SEI Enhanced U.S. Large Cap Value Factor ETF (BATS:SEIV) Sees Large Growth in Short Interest

SEI Enhanced U.S. Large Cap Value Factor ETF (BATS:SEIV) saw a significant growth in short interest in the month of 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. Currently, 0.3% of the shares of the company are short sold. Based on an average daily trading volume, of 118,993 shares, the days-to-cover ratio is presently 0.4 days.

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

SEIV opened at $50.86 on Monday. The firm’s 50 day simple moving average is $49.26 and its two-hundred day simple moving average is $46.02. The company has a market capitalization of $890.05 million, a PE 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.

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

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Global Retirement Partners LLC purchased a new position in SEI Enhanced U.S. Large Cap Value Factor ETF during the fourth quarter valued at approximately $3,120,000. FSA Advisors Inc. purchased a new stake in shares of SEI Enhanced U.S. Large Cap Value Factor ETF in the fourth quarter worth $4,893,000. Ameritas Advisory Services LLC purchased a new stake in shares of SEI Enhanced U.S. Large Cap Value Factor ETF in the fourth quarter worth $2,102,000. Summit Wealth Group LLC Co. bought a new stake in shares of SEI Enhanced U.S. Large Cap Value Factor ETF during the 4th quarter valued at $91,430,000. Finally, Uptick Partners LLC purchased a new position in shares of SEI Enhanced U.S. Large Cap Value Factor ETF during the 1st quarter valued at $500,000.

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.