SEI Select International Equity ETF (NASDAQ:SEIE) Shares Shorted: Short Interest Up 700.6% in September

SEI Select International Equity ETF (NASDAQ:SEIE) was the target of a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 158,389 shares, an increase of 700.6% from the September 15th total of 19,783 shares. Based on an average trading volume of 83,492 shares, the short-interest ratio is presently 1.9 days. Currently, 0.4% of the shares of the company are sold short.

SEI Select International Equity ETF Price Performance

SEIE stock opened at $35.26 on Friday. The company has a market capitalization of $1.28 billion, a P/E ratio of 13.90 and a beta of 0.49. SEI Select International Equity ETF has a 12 month low of $29.83 and a 12 month high of $38.30. The firm’s fifty day simple moving average is $36.59 and its 200-day simple moving average is $35.41.

SEI Select International Equity ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 6th. Investors of record on Monday, October 5th were given a dividend of $0.1534 per share. This is a drop from SEI Select International Equity ETF’s previous quarterly dividend of $0.3615. This represents a $0.61 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date was Monday, October 5th.

Institutional Investors Weigh In On SEI Select International Equity ETF

Hedge funds have recently added to or reduced their stakes in the business. Sei Investments Co. purchased a new position in shares of SEI Select International Equity ETF during the 1st quarter valued at about $5,698,000. Stark Wealth Management LLC purchased a new stake in shares of SEI Select International Equity ETF in the fourth quarter worth about $2,134,000. Patriot Financial Group Insurance Agency LLC boosted its stake in shares of SEI Select International Equity ETF by 90.9% in the first quarter. Patriot Financial Group Insurance Agency LLC now owns 20,394 shares of the company’s stock worth $665,000 after buying an additional 9,713 shares during the last quarter. Cetera Investment Advisers acquired a new stake in SEI Select International Equity ETF during the first quarter worth about $222,000. Finally, Apeiron RIA LLC grew its holdings in SEI Select International Equity ETF by 29.9% during the first quarter. Apeiron RIA LLC now owns 10,289 shares of the company’s stock worth $335,000 after acquiring an additional 2,366 shares during the period.

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.