SEI Select Small Cap ETF (NASDAQ:SEIS) Short Interest Down 18.8% in March

SEI Select Small Cap ETF (NASDAQ:SEIS) saw a significant decline in short interest during the month of March. As of March 13th, there was short interest totaling 32,114 shares, a decline of 18.8% from the February 26th total of 39,565 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average trading volume of 40,131 shares, the days-to-cover ratio is currently 0.8 days.

SEI Select Small Cap ETF Trading Up 3.4%

Shares of SEIS traded up $0.91 during trading hours on Tuesday, hitting $27.61. 37,730 shares of the stock traded hands, compared to its average volume of 54,682. SEI Select Small Cap ETF has a 1-year low of $20.30 and a 1-year high of $30.33. The firm has a market capitalization of $391.51 million, a PE ratio of 17.49 and a beta of 1.78. The business has a fifty day moving average of $28.82 and a 200-day moving average of $28.29.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in SEI Select Small Cap ETF stock. Lynx Investment Advisory increased its stake in shares of SEI Select Small Cap ETF (NASDAQ:SEIS) by 4.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 21,299 shares of the company’s stock after purchasing an additional 817 shares during the period. Lynx Investment Advisory owned approximately 0.17% of SEI Select Small Cap ETF worth $595,000 as of its most recent SEC filing.

About SEI Select Small Cap ETF

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.