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 during 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. Currently, 0.5% of the company’s stock are sold short.

SEI Enhanced Low Volatility U.S. Large Cap ETF Price Performance

SELV traded down $0.19 during trading on Thursday, reaching $32.23. 5,164 shares of the stock traded hands, compared to its average volume of 16,891. The stock has a market cap 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 fifty-two week low of $30.43 and a fifty-two week high of $33.99. The stock’s 50-day simple moving average is $32.64 and its two-hundred day simple moving average is $32.75.

Institutional Investors Weigh In On SEI Enhanced Low Volatility U.S. Large Cap ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Chatterton & Associates Inc. bought a new stake in shares of SEI Enhanced Low Volatility U.S. Large Cap ETF in the 4th quarter valued at approximately $1,506,000. Geneos Wealth Management Inc. acquired a new position in SEI Enhanced Low Volatility U.S. Large Cap ETF in the first quarter worth approximately $1,197,000. Osaic Holdings Inc. raised 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 valued at $1,356,000 after acquiring an additional 35,765 shares in the last quarter. Pollock Investment Advisors LLC raised 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 valued at $51,513,000 after acquiring an additional 28,522 shares in the last quarter. Finally, Sei Investments Co. lifted its stake in SEI Enhanced Low Volatility U.S. Large Cap ETF by 1.0% in 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 last quarter.

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.