SEI Select International Equity ETF (NASDAQ:SEIE) Shares Shorted: Short Interest Up 1,185.4% in October

SEI Select International Equity ETF (NASDAQ:SEIE) was the recipient of a large growth in short interest during the month of October. As of October 30th, there was short interest totaling 96,621 shares, a growth of 1,185.4% from the October 15th total of 7,517 shares. Based on an average daily trading volume, of 96,103 shares, the short-interest ratio is presently 1.0 days. Approximately 0.3% of the shares of the company are short sold.

Institutional Trading of SEI Select International Equity ETF

Hedge funds and other institutional investors have recently modified their holdings of the business. Stewardship Advisors LLC lifted its holdings in shares of SEI Select International Equity ETF by 4.0% during the 3rd quarter. Stewardship Advisors LLC now owns 21,274 shares of the company’s stock worth $761,000 after acquiring an additional 828 shares during the last quarter. Farther Finance Advisors LLC purchased a new position in shares of SEI Select International Equity ETF in the 3rd quarter worth about $67,000. Silver Grove Financial Group Inc. bought a new position in shares of SEI Select International Equity ETF during the 3rd quarter valued at about $112,000. Cetera Investment Advisers bought a new position in shares of SEI Select International Equity ETF during the 1st quarter valued at about $222,000. Finally, Independent Wealth Network Inc. bought a new position in shares of SEI Select International Equity ETF during the 3rd quarter valued at about $391,000.

SEI Select International Equity ETF Trading Down 0.5%

Shares of SEIE stock traded down $0.17 on Tuesday, hitting $35.78. 103,793 shares of the stock were exchanged, compared to its average volume of 107,153. The firm has a market capitalization of $1.34 billion, a PE ratio of 13.90 and a beta of 0.51. SEI Select International Equity ETF has a one year low of $30.20 and a one year high of $38.30. The firm’s 50 day moving average is $35.92 and its two-hundred day moving average is $35.18.

SEI Select International Equity ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Monday, October 5th were paid a $0.1534 dividend. The ex-dividend date was Monday, October 5th. This is a negative change from SEI Select International Equity ETF’s previous quarterly dividend of $0.3615. This represents a $0.61 annualized dividend and a dividend yield of 1.7%.

About SEI Select International Equity ETF

The SEI Select International Equity ETF (SEIE) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, seeking capital appreciation through investments in non-US companies from developed markets. The selection process integrates the advisers proprietary quantitative model with recommendations from one or more sub-advisers. SEIE was launched on Oct 10, 2024 and is issued by SEI.