SEI Select Small Cap ETF (NASDAQ:SEIS) Short Interest Up 716.0% in April

SEI Select Small Cap ETF (NASDAQ:SEIS) was the target of a significant growth in short interest during the month of April. As of April 15th, there was short interest totaling 34,900 shares, a growth of 716.0% from the March 31st total of 4,277 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average trading volume of 49,644 shares, the days-to-cover ratio is presently 0.7 days.

SEI Select Small Cap ETF Trading Up 0.8%

NASDAQ SEIS traded up $0.24 on Friday, hitting $30.92. 28,138 shares of the company’s stock were exchanged, compared to its average volume of 53,606. SEI Select Small Cap ETF has a 52 week low of $22.67 and a 52 week high of $31.23. The stock has a 50-day moving average of $28.77 and a 200-day moving average of $28.46. The stock has a market cap of $494.72 million, a price-to-earnings ratio of 17.49 and a beta of 1.24.

SEI Select Small Cap ETF Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 7th. Investors of record on Monday, April 6th were given 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.

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 boosted its position in SEI Select Small Cap ETF (NASDAQ:SEIS) by 4.0% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 21,299 shares of the company’s stock after purchasing an additional 817 shares during the period. Lynx Investment Advisory owned 0.17% of SEI Select Small Cap ETF worth $595,000 at the end of the most recent quarter.

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.