SEI Select Small Cap ETF (NASDAQ:SEIS) Sees Large Decrease in Short Interest

SEI Select Small Cap ETF (NASDAQ:SEIS) was the target of a significant drop in short interest in the month of December. As of December 15th, there was short interest totaling 751 shares, a drop of 98.1% from the November 30th total of 39,983 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 45,894 shares, the days-to-cover ratio is presently 0.0 days. Based on an average trading volume of 45,894 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

Hedge Funds Weigh In On SEI Select Small Cap ETF

An institutional investor recently raised its position in SEI Select Small Cap ETF stock. Lynx Investment Advisory lifted its position in SEI Select Small Cap ETF (NASDAQ:SEIS) by 9.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,131 shares of the company’s stock after acquiring an additional 1,682 shares during the quarter. Lynx Investment Advisory owned 0.20% of SEI Select Small Cap ETF worth $455,000 as of its most recent SEC filing.

SEI Select Small Cap ETF Trading Up 0.2%

Shares of NASDAQ SEIS traded up $0.06 during trading hours on Wednesday, reaching $28.75. The stock had a trading volume of 18,664 shares, compared to its average volume of 37,373. The firm has a market cap of $365.06 million, a price-to-earnings ratio of 17.49 and a beta of 1.78. The business’s fifty day moving average price is $27.72 and its two-hundred day moving average price is $27.04. SEI Select Small Cap ETF has a 52-week low of $20.30 and a 52-week high of $29.11.

SEI Select Small Cap ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, October 6th. Shareholders of record on Friday, October 3rd were given a dividend of $0.0305 per share. The ex-dividend date of this dividend was Friday, October 3rd. This represents a $0.12 dividend on an annualized basis and a yield of 0.4%.

SEI Select Small Cap ETF Company Profile

The SEI Select Small Cap ETF (SEIS) is an exchange-traded fund that mostly invests in small-cap stocks. The fund is actively managed, seeking capital appreciation through investments in small-cap US stocks. The selection process integrates the advisers proprietary quantitative model with recommendations from one or more sub-advisers. SEIS was launched on Jul 31, 2024 and is issued by SEI.