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

Sterling Capital Enhanced Bond ETF (BATS:SCEC) was the target of a large decrease in short interest in the month of May. As of May 15th, there was short interest totaling 18,541 shares, a decrease of 88.6% from the April 30th total of 162,157 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 93,211 shares, the days-to-cover ratio is presently 0.2 days.

Sterling Capital Enhanced Bond ETF Price Performance

SCEC opened at $25.00 on Thursday. The stock’s 50-day moving average price is $25.04 and its 200 day moving average price is $25.29. Sterling Capital Enhanced Bond ETF has a 12-month low of $24.69 and a 12-month high of $25.75.

Hedge Funds Weigh In On Sterling Capital Enhanced Bond ETF

Several hedge funds have recently bought and sold shares of the company. AE Wealth Management LLC lifted its stake in Sterling Capital Enhanced Bond ETF by 2.3% during the 4th quarter. AE Wealth Management LLC now owns 5,279,478 shares of the company’s stock worth $133,861,000 after acquiring an additional 117,441 shares in the last quarter. Kingdom Financial Group LLC. lifted its stake in Sterling Capital Enhanced Bond ETF by 22.7% during the 4th quarter. Kingdom Financial Group LLC. now owns 2,189,997 shares of the company’s stock worth $55,527,000 after acquiring an additional 404,462 shares in the last quarter. CWA Asset Management Group LLC lifted its stake in Sterling Capital Enhanced Bond ETF by 10.5% during 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. Howard Bailey Securities LLC lifted its stake in Sterling Capital Enhanced Bond ETF by 25.4% during the 4th quarter. Howard Bailey Securities LLC now owns 1,120,196 shares of the company’s stock worth $28,403,000 after acquiring an additional 227,177 shares in the last quarter. Finally, LifeWealth Investments LLC lifted its stake in Sterling Capital Enhanced Bond ETF by 31.7% during 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.

Sterling Capital Enhanced Bond ETF Company Profile

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.