SEI Select International Equity ETF (NASDAQ:SEIE) Sees Significant Drop in Short Interest

SEI Select International Equity ETF (NASDAQ:SEIE) was the target of a significant drop in short interest in the month of May. As of May 29th, there was short interest totaling 1,799 shares, a drop of 72.2% from the May 14th total of 6,479 shares. Based on an average daily trading volume, of 74,068 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s stock are short sold.

SEI Select International Equity ETF Trading Up 2.7%

SEIE traded up $0.93 during midday trading on Thursday, reaching $35.20. The company’s stock had a trading volume of 104,638 shares, compared to its average volume of 98,644. The firm has a market capitalization of $1.05 billion, a price-to-earnings ratio of 13.90 and a beta of 0.47. SEI Select International Equity ETF has a 1 year low of $28.25 and a 1 year high of $35.89. The stock’s 50-day moving average is $34.54 and its 200-day moving average is $33.66.

SEI Select International Equity ETF Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 7th. Shareholders of record on Monday, April 6th were issued a $0.2132 dividend. The ex-dividend date of this dividend was Monday, April 6th. This represents a $0.85 dividend on an annualized basis and a dividend yield of 2.4%.

Institutional Trading of SEI Select International Equity ETF

A number of institutional investors and hedge funds have recently modified their holdings of SEIE. Silver Oak Securities Incorporated purchased a new stake in shares of SEI Select International Equity ETF during the 4th quarter valued at about $158,000. Moneco Advisors LLC purchased a new stake in shares of SEI Select International Equity ETF during the 4th quarter valued at about $209,000. Calton & Associates Inc. purchased a new stake in shares of SEI Select International Equity ETF during the 3rd quarter valued at about $214,000. Cetera Investment Advisers purchased a new stake in shares of SEI Select International Equity ETF during the 1st quarter valued at about $222,000. Finally, Bright Futures Wealth Management LLC. purchased a new stake in shares of SEI Select International Equity ETF during the 3rd quarter valued at about $258,000.

About SEI Select International Equity ETF

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