SEI Select Emerging Markets Equity ETF (NASDAQ:SEEM) Short Interest Down 49.7% in August

SEI Select Emerging Markets Equity ETF (NASDAQ:SEEM) was the target of a large decline in short interest in the month of August. As of August 14th, there was short interest totaling 2,339 shares, a decline of 49.7% from the July 30th total of 4,651 shares. Based on an average trading volume of 68,629 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

SEI Select Emerging Markets Equity ETF Price Performance

NASDAQ:SEEM opened at $39.09 on Friday. The company has a market cap of $627.39 million, a P/E ratio of 11.47 and a beta of 0.80. The stock’s fifty day moving average price is $38.58 and its two-hundred day moving average price is $37.08. SEI Select Emerging Markets Equity ETF has a 1 year low of $28.30 and a 1 year high of $41.79.

SEI Select Emerging Markets Equity ETF Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Monday, July 6th were paid a dividend of $0.2911 per share. This represents a $1.16 annualized dividend and a yield of 3.0%. The ex-dividend date was Monday, July 6th.

Institutional Trading of SEI Select Emerging Markets Equity ETF

A number of institutional investors and hedge funds have recently modified their holdings of SEEM. Binnacle Investments Inc raised its stake in shares of SEI Select Emerging Markets Equity ETF by 2.8% in the second 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 last quarter. Turning Point Benefit Group Inc. bought a new stake in SEI Select Emerging Markets Equity ETF in the 3rd quarter worth about $73,000. Global Retirement Partners LLC bought a new stake in SEI Select Emerging Markets Equity ETF in the 4th quarter worth about $95,000. Patriot Financial Group Insurance Agency LLC bought a new stake in SEI Select Emerging Markets Equity ETF in the 1st quarter worth about $279,000. Finally, Ameritas Advisory Services LLC purchased a new position in SEI Select Emerging Markets Equity ETF in the 4th quarter worth about $301,000.

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.