Short Interest in Sterling Capital Enhanced Bond ETF (BATS:SCEC) Grows By 101.7%

Sterling Capital Enhanced Bond ETF (BATS:SCEC) saw a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 162,157 shares, an increase of 101.7% from the April 15th total of 80,410 shares. Based on an average trading volume of 90,129 shares, the days-to-cover ratio is presently 1.8 days. Approximately 1.0% of the company’s shares are sold short.

Sterling Capital Enhanced Bond ETF Stock Down 0.6%

Shares of Sterling Capital Enhanced Bond ETF stock opened at $24.81 on Friday. The stock’s fifty day moving average is $25.10 and its two-hundred day moving average is $25.33. Sterling Capital Enhanced Bond ETF has a 52 week low of $24.65 and a 52 week high of $25.75.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in SCEC. Key Capital Management INC purchased a new position in Sterling Capital Enhanced Bond ETF in the 4th quarter worth about $17,702,000. Kingdom Financial Group LLC. boosted its position in Sterling Capital Enhanced Bond ETF by 22.7% in the 4th quarter. Kingdom Financial Group LLC. now owns 2,189,997 shares of the company’s stock valued at $55,527,000 after buying an additional 404,462 shares during the period. Howard Bailey Securities LLC boosted its position in Sterling Capital Enhanced Bond ETF by 25.4% in the 4th quarter. Howard Bailey Securities LLC now owns 1,120,196 shares of the company’s stock valued at $28,403,000 after buying an additional 227,177 shares during the period. LifeWealth Investments LLC grew its stake in Sterling Capital Enhanced Bond ETF by 31.7% in the 1st quarter. LifeWealth Investments LLC now owns 762,957 shares of the company’s stock worth $19,139,000 after acquiring an additional 183,850 shares in the last quarter. Finally, CWA Asset Management Group LLC grew its stake in Sterling Capital Enhanced Bond ETF by 10.5% in the 4th quarter. CWA Asset Management Group LLC now owns 1,563,997 shares of the company’s stock worth $39,655,000 after acquiring an additional 148,757 shares in the last quarter.

About Sterling Capital Enhanced Bond ETF

The Sterling Capital Enhanced Core Bond ETF (SCEC) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, focusing on a diversified fixed income portfolio, which includes investment-grade and high-yield, USD-denominated bonds. The fund aims for a high level of current income and a competitive total return. SCEC was launched on Mar 14, 2025 and is issued by Sterling Capital.