SEI Enhanced Low Volatility U.S. Large Cap ETF (BATS:SELV) Sees Large Drop in Short Interest

SEI Enhanced Low Volatility U.S. Large Cap ETF (BATS:SELV) saw a significant decrease in short interest during the month of April. As of April 30th, there was short interest totaling 290 shares, a decrease of 48.6% from the April 15th total of 564 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 18,215 shares, the short-interest ratio is presently 0.0 days.

Institutional Trading of SEI Enhanced Low Volatility U.S. Large Cap ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Chatterton & Associates Inc. purchased a new stake in SEI Enhanced Low Volatility U.S. Large Cap ETF in the fourth quarter worth approximately $1,506,000. FSA Advisors Inc. purchased a new stake in SEI Enhanced Low Volatility U.S. Large Cap ETF in the fourth quarter worth approximately $593,000. Summit Wealth Group LLC Co. purchased a new stake in SEI Enhanced Low Volatility U.S. Large Cap ETF in the fourth quarter worth approximately $805,000. Diversified Enterprises LLC purchased a new stake in SEI Enhanced Low Volatility U.S. Large Cap ETF in the fourth quarter worth approximately $208,000. Finally, K2 Financial Inc. boosted its stake in SEI Enhanced Low Volatility U.S. Large Cap ETF by 1.7% in the first quarter. K2 Financial Inc. now owns 22,521 shares of the company’s stock worth $733,000 after buying an additional 377 shares in the last quarter.

SEI Enhanced Low Volatility U.S. Large Cap ETF Trading Down 0.1%

SELV stock opened at $32.47 on Friday. The stock has a market cap of $167.22 million, a price-to-earnings ratio of 19.12 and a beta of 0.68. The company’s 50 day moving average is $32.53 and its 200 day moving average is $32.53. SEI Enhanced Low Volatility U.S. Large Cap ETF has a 1-year low of $30.43 and a 1-year high of $33.99.

SEI Enhanced Low Volatility U.S. Large Cap ETF Company Profile

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.