Short Interest in SEI Select Emerging Markets Equity ETF (NASDAQ:SEEM) Increases By 1,702.4%

SEI Select Emerging Markets Equity ETF (NASDAQ:SEEM) saw a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 25,270 shares, an increase of 1,702.4% from the May 31st total of 1,402 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average trading volume of 49,260 shares, the short-interest ratio is currently 0.5 days.

Hedge Funds Weigh In On SEI Select Emerging Markets Equity ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Binnacle Investments Inc grew its holdings in SEI Select Emerging Markets Equity ETF by 2.8% in the 2nd quarter. Binnacle Investments Inc now owns 17,289 shares of the company’s stock valued at $476,000 after buying an additional 466 shares in the last quarter. Stewardship Advisors LLC boosted its position in shares of SEI Select Emerging Markets Equity ETF by 5.8% during the 4th quarter. Stewardship Advisors LLC now owns 8,867 shares of the company’s stock valued at $276,000 after acquiring an additional 483 shares during the last quarter. Apella Capital LLC boosted its position in shares of SEI Select Emerging Markets Equity ETF by 1.7% during the 4th quarter. Apella Capital LLC now owns 52,848 shares of the company’s stock valued at $1,645,000 after acquiring an additional 886 shares during the last quarter. United Advisor Group LLC grew its holdings in shares of SEI Select Emerging Markets Equity ETF by 21.8% in the fourth quarter. United Advisor Group LLC now owns 8,106 shares of the company’s stock valued at $252,000 after purchasing an additional 1,451 shares during the period. Finally, Diversified Enterprises LLC grew its holdings in shares of SEI Select Emerging Markets Equity ETF by 13.0% in the fourth quarter. Diversified Enterprises LLC now owns 13,092 shares of the company’s stock valued at $407,000 after purchasing an additional 1,511 shares during the period.

SEI Select Emerging Markets Equity ETF Price Performance

SEEM opened at $39.87 on Friday. The firm has a market capitalization of $588.88 million, a price-to-earnings ratio of 11.47 and a beta of 0.76. The company’s 50 day simple moving average is $38.56 and its two-hundred day simple moving average is $35.15. SEI Select Emerging Markets Equity ETF has a 1-year low of $27.13 and a 1-year high of $41.79.

SEI Select Emerging Markets Equity ETF Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 7th. Investors of record on Monday, April 6th were issued a $0.0985 dividend. This represents a $0.39 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend was Monday, April 6th.

SEI Select Emerging Markets Equity ETF Company Profile

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