SEI Select Small Cap ETF (NASDAQ:SEIS) Short Interest Down 43.1% in December

SEI Select Small Cap ETF (NASDAQ:SEIS) was the recipient of a significant drop in short interest in the month of December. As of December 31st, there was short interest totaling 427 shares, a drop of 43.1% from the December 15th total of 751 shares. Based on an average daily trading volume, of 36,442 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are short sold. Approximately 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 36,442 shares, the short-interest ratio is presently 0.0 days.

Hedge Funds Weigh In On SEI Select Small Cap ETF

A hedge fund recently raised its stake in SEI Select Small Cap ETF stock. Lynx Investment Advisory raised its position in SEI Select Small Cap ETF (NASDAQ:SEIS) by 4.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 21,299 shares of the company’s stock after acquiring an additional 817 shares during the quarter. 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 Stock Performance

SEI Select Small Cap ETF stock traded down $0.06 during trading on Friday, reaching $29.62. 43,776 shares of the company’s stock were exchanged, compared to its average volume of 34,143. The company’s 50-day moving average is $28.14 and its two-hundred day moving average is $27.46. SEI Select Small Cap ETF has a 52-week low of $20.30 and a 52-week high of $29.82. The firm has a market cap of $411.72 million, a price-to-earnings ratio of 17.49 and a beta of 1.78.

SEI Select Small Cap ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 30th. Investors of record on Monday, December 29th were issued a dividend of $0.0404 per share. This represents a $0.16 annualized dividend and a dividend yield of 0.5%. The ex-dividend date was Monday, December 29th. This is an increase from SEI Select Small Cap ETF’s previous quarterly dividend of $0.03.

About SEI Select Small Cap ETF

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.