Short Interest in SEI Select Small Cap ETF (NASDAQ:SEIS) Expands By 201.2%

SEI Select Small Cap ETF (NASDAQ:SEIS) saw a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 47,447 shares, an increase of 201.2% from the May 14th total of 15,754 shares. Based on an average daily trading volume, of 44,542 shares, the days-to-cover ratio is currently 1.1 days. Currently, 0.3% of the company’s shares are sold short.

SEI Select Small Cap ETF Price Performance

Shares of SEIS opened at $32.27 on Friday. The stock’s 50-day moving average is $30.74 and its two-hundred day moving average is $29.40. The stock has a market cap of $524.39 million, a PE ratio of 17.49 and a beta of 1.20. SEI Select Small Cap ETF has a 12 month low of $24.50 and a 12 month high of $32.30.

SEI Select Small Cap ETF Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 7th. Stockholders of record on Monday, April 6th were paid a dividend of $0.0134 per share. This represents a $0.05 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Monday, April 6th.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in SEI Select Small Cap ETF stock. Lynx Investment Advisory increased its position in SEI Select Small Cap ETF (NASDAQ:SEIS) by 4.0% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 21,299 shares of the company’s stock after acquiring an additional 817 shares during the period. Lynx Investment Advisory owned approximately 0.17% of SEI Select Small Cap ETF worth $595,000 at the end of the most recent reporting period.

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.