SEI Select Small Cap ETF (NASDAQ:SEIS) Sees Significant Decline in Short Interest

SEI Select Small Cap ETF (NASDAQ:SEIS) was the target of a large drop in short interest during the month of December. As of December 31st, there was short interest totaling 427 shares, a drop of 43.1% from the December 15th total of 751 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 36,442 shares, the short-interest ratio is currently 0.0 days. Based on an average daily volume of 36,442 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

SEI Select Small Cap ETF Trading Up 0.9%

NASDAQ SEIS opened at $29.57 on Thursday. The company has a 50-day moving average price of $28.03 and a two-hundred day moving average price of $27.42. SEI Select Small Cap ETF has a 52 week low of $20.30 and a 52 week high of $29.48. The stock has a market cap of $411.01 million, a price-to-earnings ratio of 17.49 and a beta of 1.78.

SEI Select Small Cap ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 30th. Investors of record on Monday, December 29th were issued a $0.0404 dividend. The ex-dividend date of this dividend was Monday, December 29th. This is an increase from SEI Select Small Cap ETF’s previous quarterly dividend of $0.03. This represents a $0.16 annualized dividend and a yield of 0.5%.

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 stake in SEI Select Small Cap ETF (NASDAQ:SEIS) by 7.1% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 20,482 shares of the company’s stock after acquiring an additional 1,351 shares during the period. Lynx Investment Advisory owned 0.20% of SEI Select Small Cap ETF worth $525,000 as of its most recent filing with the Securities and Exchange Commission.

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.