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

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

SEI High Yield Bond & Alternative Credit ETF Price Performance

Shares of NASDAQ:LEND traded down $0.02 during trading on Friday, reaching $24.40. The company had a trading volume of 27,338 shares, compared to its average volume of 77,315. The company has a fifty day moving average of $24.85 and a two-hundred day moving average of $22.03. SEI High Yield Bond & Alternative Credit ETF has a 12 month low of $24.39 and a 12 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. Investors of record on Thursday, September 3rd were given a $0.1206 dividend. This is a drop from SEI High Yield Bond & Alternative Credit ETF’s previous dividend of $0.1412. The ex-dividend date was Thursday, September 3rd.