Sterling Capital Enhanced Bond ETF (BATS:SCEC) Sees Significant Drop in Short Interest

Sterling Capital Enhanced Bond ETF (BATS:SCEC) saw a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 3,270 shares, a drop of 69.0% from the July 15th total of 10,535 shares. Based on an average trading volume of 87,801 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in SCEC. Harbour Investments Inc. bought a new position in shares of Sterling Capital Enhanced Bond ETF in the fourth quarter worth $45,000. Cetera Investment Advisers bought a new stake in Sterling Capital Enhanced Bond ETF during the second quarter valued at $211,000. CreativeOne Wealth LLC bought a new stake in Sterling Capital Enhanced Bond ETF during the third quarter valued at $310,000. Jane Street Group LLC purchased a new position in Sterling Capital Enhanced Bond ETF during the second quarter worth about $393,000. Finally, LifePlan Investment Advisors Inc. grew its position in Sterling Capital Enhanced Bond ETF by 96.2% during the fourth quarter. LifePlan Investment Advisors Inc. now owns 17,540 shares of the company’s stock worth $445,000 after buying an additional 8,598 shares in the last quarter.

Sterling Capital Enhanced Bond ETF Stock Up 0.5%

Shares of BATS:SCEC opened at $24.65 on Friday. The company has a 50 day moving average of $24.79 and a 200 day moving average of $25.04. Sterling Capital Enhanced Bond ETF has a 12 month low of $24.46 and a 12 month high of $25.75.

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.