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

SEI Select Small Cap ETF (NASDAQ:SEIS) was the target of a large growth in short interest in February. As of February 13th, there was short interest totaling 22,937 shares, a growth of 32.0% from the January 29th total of 17,373 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily volume of 85,690 shares, the short-interest ratio is currently 0.3 days. Based on an average daily volume of 85,690 shares, the short-interest ratio is currently 0.3 days. Approximately 0.2% of the shares of the stock are short sold.

SEI Select Small Cap ETF Price Performance

SEIS stock traded down $0.03 during mid-day trading on Wednesday, reaching $28.88. 13,619 shares of the company traded hands, compared to its average volume of 51,740. The company has a fifty day moving average price of $29.26 and a 200-day moving average price of $28.26. SEI Select Small Cap ETF has a 52-week low of $20.30 and a 52-week high of $30.33. The company has a market capitalization of $409.52 million, a P/E ratio of 17.49 and a beta of 1.78.

SEI Select Small Cap ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 30th. Investors of record on Monday, December 29th were paid a dividend of $0.0404 per share. This is an increase from SEI Select Small Cap ETF’s previous quarterly dividend of $0.03. This represents a $0.16 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend was Monday, December 29th.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in SEI Select Small Cap ETF stock. Lynx Investment Advisory lifted its holdings in shares of 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 and Exchange Commission. The institutional investor owned 21,299 shares of the company’s stock after purchasing 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 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.