SEI High Yield Bond & Alternative Credit ETF (NASDAQ:LEND) Sees Significant Growth in Short Interest

SEI High Yield Bond & Alternative Credit ETF (NASDAQ:LEND) was the target of a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 1,726 shares, a growth of 383.5% from the August 31st total of 357 shares. Based on an average trading volume of 46,862 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

SEI High Yield Bond & Alternative Credit ETF Stock Up 0.0%

Shares of SEI High Yield Bond & Alternative Credit ETF stock traded up $0.01 during trading on Friday, hitting $24.43. 44,813 shares of the stock traded hands, compared to its average volume of 77,517. The company has a fifty day moving average price of $24.84 and a two-hundred day moving average price of $22.05. SEI High Yield Bond & Alternative Credit ETF has a twelve month low of $24.38 and a twelve month high of $25.29.

SEI High Yield Bond & Alternative Credit ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, September 4th. Shareholders of record on Thursday, September 3rd were issued a dividend of $0.1206 per share. This is a decrease from SEI High Yield Bond & Alternative Credit ETF’s previous dividend of $0.1412. The ex-dividend date was Thursday, September 3rd.