SEI Select Small Cap ETF (NASDAQ:SEIS) Sees Large Decrease in Short Interest
by Amy Steele · The Cerbat GemSEI Select Small Cap ETF (NASDAQ:SEIS – Get Free Report) was the recipient of a significant decrease in short interest in the month of December. As of December 15th, there was short interest totaling 751 shares, a decrease of 98.1% from the November 30th total of 39,983 shares. Based on an average daily trading volume, of 45,894 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are sold short. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 45,894 shares, the days-to-cover ratio is currently 0.0 days.
Institutional Inflows and Outflows
An institutional investor recently raised its position in SEI Select Small Cap ETF stock. Lynx Investment Advisory boosted its stake in shares of SEI Select Small Cap ETF (NASDAQ:SEIS – Free Report) by 9.6% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,131 shares of the company’s stock after buying an additional 1,682 shares during the quarter. Lynx Investment Advisory owned approximately 0.20% of SEI Select Small Cap ETF worth $455,000 as of its most recent SEC filing.
SEI Select Small Cap ETF Trading Up 0.2%
Shares of SEIS stock traded up $0.06 on Wednesday, reaching $28.75. 18,664 shares of the company’s stock were exchanged, compared to its average volume of 37,373. The company’s fifty day simple moving average is $27.72 and its 200 day simple moving average is $27.04. SEI Select Small Cap ETF has a 52 week low of $20.30 and a 52 week high of $29.11. The stock has a market capitalization of $365.06 million, a PE ratio of 17.49 and a beta of 1.78.
SEI Select Small Cap ETF Cuts Dividend
The firm also recently announced a quarterly dividend, which was paid on Monday, October 6th. Stockholders of record on Friday, October 3rd were given a dividend of $0.0305 per share. This represents a $0.12 annualized dividend and a dividend yield of 0.4%. The ex-dividend date was Friday, October 3rd.
SEI Select Small Cap ETF Company Profile
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.