Short Interest in SEI Enhanced Low Volatility U.S. Large Cap ETF (BATS:SELV) Rises By 10,484.1%

SEI Enhanced Low Volatility U.S. Large Cap ETF (BATS:SELV) was the target of a significant growth in short interest in the month of June. As of June 15th, there was short interest totaling 24,026 shares, a growth of 10,484.1% from the May 31st total of 227 shares. Based on an average trading volume of 12,620 shares, the days-to-cover ratio is presently 1.9 days. Approximately 0.5% of the shares of the company are short sold.

SEI Enhanced Low Volatility U.S. Large Cap ETF Trading Down 0.6%

BATS:SELV traded down $0.19 during trading hours on Thursday, hitting $32.23. 5,164 shares of the company traded hands, compared to its average volume of 16,891. The stock has a market capitalization of $165.98 million, a price-to-earnings ratio of 19.12 and a beta of 0.68. SEI Enhanced Low Volatility U.S. Large Cap ETF has a twelve month low of $30.43 and a twelve month high of $33.99. The firm has a 50-day moving average of $32.64 and a 200 day moving average of $32.75.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Chatterton & Associates Inc. acquired a new position in shares of SEI Enhanced Low Volatility U.S. Large Cap ETF during the fourth quarter valued at about $1,506,000. Geneos Wealth Management Inc. acquired a new stake in SEI Enhanced Low Volatility U.S. Large Cap ETF during the first quarter worth about $1,197,000. Osaic Holdings Inc. grew its position in SEI Enhanced Low Volatility U.S. Large Cap ETF by 577.3% during the fourth quarter. Osaic Holdings Inc. now owns 41,960 shares of the company’s stock worth $1,356,000 after buying an additional 35,765 shares in the last quarter. Pollock Investment Advisors LLC grew its position in SEI Enhanced Low Volatility U.S. Large Cap ETF by 1.8% during the fourth quarter. Pollock Investment Advisors LLC now owns 1,594,323 shares of the company’s stock worth $51,513,000 after buying an additional 28,522 shares in the last quarter. Finally, Sei Investments Co. increased its stake in SEI Enhanced Low Volatility U.S. Large Cap ETF by 1.0% during the third quarter. Sei Investments Co. now owns 2,698,387 shares of the company’s stock valued at $86,187,000 after acquiring an additional 27,033 shares during the period.

About SEI Enhanced Low Volatility U.S. Large Cap ETF

The SEI Large Cap Low Volatility Factor ETF (SELV) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund of large-cap US companies, seeking to achieve low volatility. Selection is based on a factor scoring model, a risk model and an optimization process. SELV was launched on May 18, 2022 and is managed by SEI.