SEI Select Small Cap ETF (NASDAQ:SEIS) Sees Large Increase in Short Interest

SEI Select Small Cap ETF (NASDAQ:SEIS) saw a significant increase in short interest in August. As of August 31st, there was short interest totaling 10,462 shares, an increase of 2,838.8% from the August 15th total of 356 shares. Based on an average daily trading volume, of 50,869 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the company’s stock are short sold.

SEI Select Small Cap ETF Stock Down 1.2%

Shares of NASDAQ:SEIS traded down $0.40 on Thursday, reaching $31.78. The company had a trading volume of 48,575 shares, compared to its average volume of 51,204. SEI Select Small Cap ETF has a twelve month low of $25.86 and a twelve month high of $33.76. The stock has a 50-day moving average price of $32.75 and a 200 day moving average price of $31.15. The stock has a market capitalization of $566.64 million, a P/E ratio of 17.49 and a beta of 1.15.

SEI Select Small Cap ETF Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 7th. Investors of record on Monday, July 6th were paid a $0.0245 dividend. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend was Monday, July 6th.

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.