SEI Select Small Cap ETF (NASDAQ:SEIS) Short Interest Up 201.2% in May

SEI Select Small Cap ETF (NASDAQ:SEIS) was the recipient of a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 47,447 shares, a growth of 201.2% from the May 14th total of 15,754 shares. Based on an average trading volume of 44,542 shares, the days-to-cover ratio is presently 1.1 days. Currently, 0.3% of the company’s shares are short sold.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in SEI Select Small Cap ETF stock. Lynx Investment Advisory grew its stake in shares of SEI Select Small Cap ETF (NASDAQ:SEIS) by 4.0% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 21,299 shares of the company’s stock after purchasing an additional 817 shares during the quarter. Lynx Investment Advisory owned 0.17% of SEI Select Small Cap ETF worth $595,000 at the end of the most recent quarter.

SEI Select Small Cap ETF Stock Performance

SEI Select Small Cap ETF stock traded up $0.29 during midday trading on Friday, reaching $32.56. The stock had a trading volume of 30,888 shares, compared to its average volume of 50,997. SEI Select Small Cap ETF has a twelve month low of $24.50 and a twelve month high of $32.84. The stock has a market capitalization of $529.10 million, a PE ratio of 17.49 and a beta of 1.20. The stock’s 50-day simple moving average is $30.83 and its 200 day simple moving average is $29.43.

SEI Select Small Cap ETF Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 7th. Investors of record on Monday, April 6th were issued a $0.0134 dividend. The ex-dividend date was Monday, April 6th. This represents a $0.05 dividend on an annualized basis 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.