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

SEI Select International Equity ETF (NASDAQ:SEIE) was the target of a significant decrease in short interest in July. As of July 15th, there was short interest totaling 83,212 shares, a decrease of 69.1% from the June 30th total of 269,118 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average daily trading volume, of 122,174 shares, the days-to-cover ratio is currently 0.7 days.

SEI Select International Equity ETF Stock Performance

Shares of SEIE stock remained flat at $35.79 during trading hours on Tuesday. The stock had a trading volume of 41,903 shares, compared to its average volume of 104,276. The stock’s 50-day moving average price is $35.34 and its 200-day moving average price is $34.45. The stock has a market cap of $1.17 billion, a P/E ratio of 13.90 and a beta of 0.48. SEI Select International Equity ETF has a 12-month low of $28.61 and a 12-month high of $36.79.

SEI Select International Equity ETF Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Monday, July 6th were paid a $0.3615 dividend. The ex-dividend date of this dividend was Monday, July 6th. This represents a $1.45 dividend on an annualized basis and a dividend yield of 4.0%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of SEIE. Summit Wealth Group LLC Co. purchased a new position in shares of SEI Select International Equity ETF in the fourth quarter worth $62,685,000. 3EDGE Asset Management LP bought a new stake in shares of SEI Select International Equity ETF in the 4th quarter worth about $37,348,000. Stark Wealth Management LLC bought a new stake in shares of SEI Select International Equity ETF in the 4th quarter worth about $2,134,000. Ameritas Advisory Services LLC purchased a new stake in shares of SEI Select International Equity ETF during the 4th quarter valued at about $740,000. Finally, Flow Traders U.S. LLC purchased a new stake in shares of SEI Select International Equity ETF during the 3rd quarter valued at about $321,000.

SEI Select International Equity ETF Company Profile

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.