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

Sterling Capital Enhanced Bond ETF (BATS:SCEC) was the target of a significant increase in short interest during the month of October. As of October 30th, there was short interest totaling 57,144 shares. Based on an average trading volume of 70,382 shares, the short-interest ratio is currently 0.8 days. Approximately 0.2% of the company’s shares are short sold.

Sterling Capital Enhanced Bond ETF Stock Performance

BATS SCEC opened at $23.76 on Friday. Sterling Capital Enhanced Bond ETF has a 1 year low of $23.57 and a 1 year high of $25.68. The company has a fifty day moving average of $23.98 and a two-hundred day moving average of $24.73.

Sterling Capital Enhanced Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, November 4th. Investors of record on Monday, November 2nd were paid a $0.1004 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 5.1%. This is a negative change from Sterling Capital Enhanced Bond ETF’s previous monthly dividend of $0.1048. The ex-dividend date was Monday, November 2nd.

Institutional Trading of Sterling Capital Enhanced Bond ETF

Several large investors have recently added to or reduced their stakes in the company. Montgomery Financial Services LLC bought a new position in shares of Sterling Capital Enhanced Bond ETF in the 2nd quarter valued at approximately $25,315,000. CWA Asset Management Group LLC raised its stake in shares of Sterling Capital Enhanced Bond ETF by 4.7% in the third quarter. CWA Asset Management Group LLC now owns 2,491,696 shares of the company’s stock valued at $59,178,000 after acquiring an additional 110,892 shares during the last quarter. Cetera Investment Advisers raised its position in Sterling Capital Enhanced Bond ETF by 9.4% in the 1st quarter. Cetera Investment Advisers now owns 10,087 shares of the company’s stock worth $253,000 after purchasing an additional 867 shares during the last quarter. Finally, LifePlan Investment Advisors Inc. boosted its stake in Sterling Capital Enhanced Bond ETF by 6.8% in the second quarter. LifePlan Investment Advisors Inc. now owns 9,369 shares of the company’s stock valued at $235,000 after acquiring an additional 593 shares during 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.