SEI Select Emerging Markets Equity ETF (NASDAQ:SEEM) Short Interest Up 144.3% in May

SEI Select Emerging Markets Equity ETF (NASDAQ:SEEM) saw a large increase in short interest in the month of May. As of May 15th, there was short interest totaling 4,007 shares, an increase of 144.3% from the April 30th total of 1,640 shares. Based on an average daily volume of 40,778 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

SEI Select Emerging Markets Equity ETF Stock Performance

Shares of SEI Select Emerging Markets Equity ETF stock opened at $40.61 on Tuesday. SEI Select Emerging Markets Equity ETF has a one year low of $25.77 and a one year high of $40.86. The stock’s fifty day moving average is $36.21 and its 200 day moving average is $33.98. The stock has a market cap of $599.81 million, a P/E ratio of 11.47 and a beta of 0.73.

SEI Select Emerging Markets Equity ETF Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 7th. Investors of record on Monday, April 6th were issued a $0.0985 dividend. This represents a $0.39 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend was Monday, April 6th.

Hedge Funds Weigh In On SEI Select Emerging Markets Equity ETF

A number of institutional investors have recently bought and sold shares of SEEM. Binnacle Investments Inc raised its holdings in SEI Select Emerging Markets Equity ETF by 2.8% in the 2nd quarter. Binnacle Investments Inc now owns 17,289 shares of the company’s stock worth $476,000 after purchasing an additional 466 shares during the period. BlueChip Wealth Advisors LLC bought a new stake in SEI Select Emerging Markets Equity ETF during the third quarter valued at about $1,478,000. Merit Financial Group LLC bought a new stake in SEI Select Emerging Markets Equity ETF during the third quarter valued at about $825,000. ROSS JOHNSON & Associates LLC raised its holdings in SEI Select Emerging Markets Equity ETF by 117.6% during the third quarter. ROSS JOHNSON & Associates LLC now owns 4,653 shares of the company’s stock valued at $141,000 after acquiring an additional 2,515 shares during the period. Finally, Sei Investments Co. bought a new stake in SEI Select Emerging Markets Equity ETF during the third quarter valued at about $510,000.

SEI Select Emerging Markets Equity ETF Company Profile

The SEI Select Emerging Markets Equity ETF (SEEM) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, seeking capital appreciation through investments in companies from emerging markets. The selection process integrates the advisers proprietary quantitative model with recommendations from one or more sub-advisers. SEEM was launched on Oct 10, 2024 and is issued by SEI.