Short Interest in SEI Select Small Cap ETF (NASDAQ:SEIS) Declines By 64.0%

SEI Select Small Cap ETF (NASDAQ:SEIS) was the recipient of a large decrease in short interest during the month of April. As of April 30th, there was short interest totaling 12,561 shares, a decrease of 64.0% from the April 15th total of 34,900 shares. Based on an average daily volume of 57,594 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the shares of the company are short sold.

Institutional Investors Weigh In On SEI Select Small Cap ETF

An institutional investor recently raised its position in SEI Select Small Cap ETF stock. Lynx Investment Advisory increased its stake in SEI Select Small Cap ETF (NASDAQ:SEIS) by 4.0% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 21,299 shares of the company’s stock after purchasing an additional 817 shares during the quarter. Lynx Investment Advisory owned approximately 0.17% of SEI Select Small Cap ETF worth $595,000 at the end of the most recent quarter.

SEI Select Small Cap ETF Price Performance

Shares of SEIS traded up $0.20 on Thursday, reaching $31.49. The company’s stock had a trading volume of 40,335 shares, compared to its average volume of 52,912. The stock’s 50 day simple moving average is $29.23 and its two-hundred day simple moving average is $28.78. The stock has a market capitalization of $511.71 million, a P/E ratio of 17.49 and a beta of 1.26. SEI Select Small Cap ETF has a 12-month low of $23.81 and a 12-month high of $32.12.

SEI Select Small Cap ETF Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 7th. Shareholders of record on Monday, April 6th were given a $0.0134 dividend. The ex-dividend date was Monday, April 6th. This represents a $0.05 annualized dividend and a yield of 0.2%.

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.