SEI Select Small Cap ETF (NASDAQ:SEIS) Shares Shorted: Short Interest Down 69.1% in September

SEI Select Small Cap ETF (NASDAQ:SEIS) was the recipient of a large decline in short interest in the month of September. As of September 30th, there was short interest totaling 9,950 shares, a decline of 69.1% from the September 15th total of 32,167 shares. Based on an average daily trading volume, of 54,004 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the company’s stock are short sold.

SEI Select Small Cap ETF Stock Down 0.3%

Shares of SEI Select Small Cap ETF stock traded down $0.10 during trading hours on Monday, hitting $31.52. 13,410 shares of the company’s stock traded hands, compared to its average volume of 50,855. The stock has a 50 day simple moving average of $32.35 and a 200-day simple moving average of $31.64. The company has a market cap of $605.28 million, a PE ratio of 17.49 and a beta of 1.17. SEI Select Small Cap ETF has a twelve month low of $25.86 and a twelve month high of $33.76.

SEI Select Small Cap ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Monday, October 5th were issued a dividend of $0.0219 per share. The ex-dividend date of this dividend was Monday, October 5th. This represents a $0.09 dividend on an annualized basis and a yield of 0.3%. This is a drop from SEI Select Small Cap ETF’s previous quarterly dividend of $0.0245.

Institutional Investors Weigh In On SEI Select Small Cap ETF

A hedge fund recently bought a new stake in SEI Select Small Cap ETF stock. Farther Finance Advisors LLC purchased a new stake in shares of SEI Select Small Cap ETF (NASDAQ:SEIS) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 955 shares of the company’s stock, valued at approximately $30,000.

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.