SEI Enhanced U.S. Large Cap Quality Factor ETF (BATS:SEIQ) Stock Short Interest Declines 96.1%

SEI Enhanced U.S. Large Cap Quality Factor ETF (BATS:SEIQ) was the recipient of a significant drop in short interest in September. As of September 30th, there was short interest totaling 1,113 shares, a drop of 96.1% from the September 15th total of 28,201 shares. Based on an average daily volume of 41,395 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Continuum Advisory LLC bought a new stake in SEI Enhanced U.S. Large Cap Quality Factor ETF in the second quarter valued at approximately $63,000. Whipplewood Advisors LLC boosted its stake in shares of SEI Enhanced U.S. Large Cap Quality Factor ETF by 120.7% in the 1st 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 during the last quarter. Citadel Advisors LLC bought a new stake in shares of SEI Enhanced U.S. Large Cap Quality Factor ETF in the 2nd quarter valued at $369,000. Stewardship Advisors LLC increased its position in shares of SEI Enhanced U.S. Large Cap Quality Factor ETF by 9.9% during the first quarter. Stewardship Advisors LLC now owns 13,222 shares of the company’s stock worth $481,000 after buying an additional 1,190 shares during the period. Finally, Compass Capital Corp MA ADV bought a new position in SEI Enhanced U.S. Large Cap Quality Factor ETF during the fourth quarter worth $643,000.

SEI Enhanced U.S. Large Cap Quality Factor ETF Trading Up 0.8%

BATS:SEIQ traded up $0.35 during mid-day trading on Friday, hitting $42.20. 32,686 shares of the company’s stock were exchanged, compared to its average volume of 50,752. SEI Enhanced U.S. Large Cap Quality Factor ETF has a fifty-two week low of $35.53 and a fifty-two week high of $42.72. The firm has a market capitalization of $379.80 million, a P/E ratio of 26.58 and a beta of 0.83. The company has a 50 day simple moving average of $41.68 and a 200-day simple moving average of $39.97.

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.