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

SEI Select Small Cap ETF (NASDAQ:SEIS – Get Free Report) saw a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 35,090 shares, an increase of 252.7% from the September 30th total of 9,950 shares. Based on an average trading volume of 43,558 shares, the days-to-cover ratio is presently 0.8 days. Approximately 0.2% of the company’s shares are sold short.

SEI Select Small Cap ETF Stock Performance

Shares of NASDAQ:SEIS opened at $31.93 on Friday. SEI Select Small Cap ETF has a one year low of $25.86 and a one year high of $33.76. The firm has a market cap of $623.25 million, a PE ratio of 17.49 and a beta of 1.17. The firm’s 50 day simple moving average is $31.87 and its 200-day simple moving average is $30.99.

SEI Select Small Cap ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 6th. Investors of record on Monday, October 5th were issued a dividend of $0.0219 per share. The ex-dividend date of this dividend was Monday, October 5th. This is a negative change from SEI Select Small Cap ETF’s previous quarterly dividend of $0.0245. This represents a $0.09 annualized dividend and a yield of 0.3%.

Institutional Investors Weigh In On SEI Select Small Cap ETF

A hedge fund recently bought a new stake in SEI Select Small Cap ETF stock. Farther Finance Advisors LLC purchased a new stake in SEI Select Small Cap ETF (NASDAQ:SEIS – Free Report) during the third quarter, according to its most recent 13F filing with the SEC. The firm purchased 955 shares of the company’s stock, valued at approximately $30,000.

About SEI Select Small Cap ETF

(Get Free Report)

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.

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