SEI Select Small Cap ETF (NASDAQ:SEIS) Short Interest Up 201.2% in May

SEI Select Small Cap ETF (NASDAQ:SEIS) was the recipient of a large increase in short interest in May. As of May 29th, there was short interest totaling 47,447 shares, an increase of 201.2% from the May 14th total of 15,754 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average daily volume of 44,542 shares, the short-interest ratio is currently 1.1 days.

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 grew its stake in SEI Select Small Cap ETF (NASDAQ:SEIS) by 4.0% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,299 shares of the company’s stock after acquiring an additional 817 shares during the period. Lynx Investment Advisory owned 0.17% of SEI Select Small Cap ETF worth $595,000 at the end of the most recent quarter.

SEI Select Small Cap ETF Trading Up 0.9%

SEIS stock opened at $32.56 on Friday. The stock has a 50-day moving average price of $30.83 and a two-hundred day moving average price of $29.43. The stock has a market cap of $529.10 million, a PE ratio of 17.49 and a beta of 1.20. SEI Select Small Cap ETF has a 1 year low of $24.50 and a 1 year high of $32.84.

SEI Select Small Cap ETF Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 7th. Stockholders of record on Monday, April 6th were issued a $0.0134 dividend. The ex-dividend date was Monday, April 6th. This represents a $0.05 annualized dividend and a dividend yield of 0.2%.

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.