Sterling Capital Enhanced Bond ETF (BATS:SCEC) Shares Shorted: Short Interest Up 171.5% in September

Sterling Capital Enhanced Bond ETF (BATS:SCEC) was the recipient of a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 28,496 shares, an increase of 171.5% from the September 15th total of 10,495 shares. Based on an average trading volume of 66,610 shares, the short-interest ratio is presently 0.4 days. Currently, 0.2% of the shares of the company are short sold.

Institutional Trading of Sterling Capital Enhanced Bond ETF

Several hedge funds have recently bought and sold shares of SCEC. Montgomery Financial Services LLC bought a new stake in Sterling Capital Enhanced Bond ETF during the 2nd quarter worth approximately $25,315,000. LifeWealth Investments LLC lifted its holdings in Sterling Capital Enhanced Bond ETF by 31.7% during the first quarter. LifeWealth Investments LLC now owns 762,957 shares of the company’s stock valued at $19,139,000 after purchasing an additional 183,850 shares in the last quarter. Triad Wealth Partners LLC purchased a new position in Sterling Capital Enhanced Bond ETF during the first quarter valued at approximately $938,000. Hunter Associates Investment Management LLC purchased a new position in Sterling Capital Enhanced Bond ETF during the first quarter valued at approximately $581,000. Finally, FLP Wealth Management LLC boosted its position in shares of Sterling Capital Enhanced Bond ETF by 18.3% in the first quarter. FLP Wealth Management LLC now owns 90,985 shares of the company’s stock worth $2,282,000 after purchasing an additional 14,080 shares during the period.

Sterling Capital Enhanced Bond ETF Stock Performance

BATS:SCEC opened at $23.79 on Wednesday. Sterling Capital Enhanced Bond ETF has a one year low of $23.57 and a one year high of $25.75. The business has a fifty day moving average price of $24.25 and a 200-day moving average price of $24.69.

Sterling Capital Enhanced Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Monday, October 5th. Investors of record on Thursday, October 1st were given a dividend of $0.1048 per share. This represents a $1.26 annualized dividend and a yield of 5.3%. This is a boost from Sterling Capital Enhanced Bond ETF’s previous monthly dividend of $0.0963. The ex-dividend date was Thursday, October 1st.

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.