SEI Select Small Cap ETF (NASDAQ:SEIS) Sees Significant Growth in Short Interest

SEI Select Small Cap ETF (NASDAQ:SEISGet Free Report) was the recipient of a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 50,905 shares, an increase of 148.8% from the June 30th total of 20,457 shares. Based on an average daily volume of 37,827 shares, the days-to-cover ratio is presently 1.3 days. Approximately 0.3% of the shares of the company are short sold.

SEI Select Small Cap ETF Trading Down 1.4%

Shares of NASDAQ:SEIS traded down $0.46 during midday trading on Wednesday, reaching $32.06. The company had a trading volume of 131,800 shares, compared to its average volume of 51,806. The stock has a market cap of $566.50 million, a P/E ratio of 17.49 and a beta of 1.14. The company’s 50 day moving average price is $32.30 and its 200 day moving average price is $30.41. SEI Select Small Cap ETF has a 52-week low of $25.00 and a 52-week high of $33.70.

SEI Select Small Cap ETF Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Monday, July 6th were paid a $0.0245 dividend. This represents a $0.10 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date was Monday, July 6th.

About SEI Select Small Cap ETF

(Get Free Report)

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.

Further Reading

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