SEI Select Emerging Markets Equity ETF (NASDAQ:SEEM) Short Interest Update

SEI Select Emerging Markets Equity ETF (NASDAQ:SEEM) saw a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 25,270 shares, an increase of 1,702.4% from the May 31st total of 1,402 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 49,260 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Trading of SEI Select Emerging Markets Equity ETF

A number of hedge funds and other institutional investors have recently modified their holdings of SEEM. Osaic Holdings Inc. lifted its position in SEI Select Emerging Markets Equity ETF by 1,270.0% during the 4th quarter. Osaic Holdings Inc. now owns 993,806 shares of the company’s stock valued at $30,933,000 after acquiring an additional 921,267 shares during the period. Summit Wealth Group LLC Co. purchased a new stake in SEI Select Emerging Markets Equity ETF in the fourth quarter worth about $24,668,000. 3EDGE Asset Management LP purchased a new stake in SEI Select Emerging Markets Equity ETF in the fourth quarter worth about $23,733,000. Sei Investments Co. increased its stake in shares of SEI Select Emerging Markets Equity ETF by 514.4% during the first quarter. Sei Investments Co. now owns 206,916 shares of the company’s stock valued at $6,776,000 after purchasing an additional 173,241 shares in the last quarter. Finally, Stark Wealth Management LLC bought a new position in shares of SEI Select Emerging Markets Equity ETF during the fourth quarter valued at approximately $969,000.

SEI Select Emerging Markets Equity ETF Stock Performance

Shares of NASDAQ SEEM traded up $0.49 during mid-day trading on Thursday, hitting $39.87. 51,214 shares of the stock traded hands, compared to its average volume of 66,693. The company has a market cap of $588.88 million, a price-to-earnings ratio of 11.47 and a beta of 0.76. The stock has a fifty day moving average price of $38.56 and a 200-day moving average price of $35.15. SEI Select Emerging Markets Equity ETF has a 52 week low of $27.13 and a 52 week high of $41.79.

SEI Select Emerging Markets Equity ETF Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 7th. Stockholders of record on Monday, April 6th were issued a dividend of $0.0985 per share. This represents a $0.39 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date was Monday, April 6th.

SEI Select Emerging Markets Equity ETF Company Profile

The SEI Select Emerging Markets Equity ETF (SEEM) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, seeking capital appreciation through investments in companies from emerging markets. The selection process integrates the advisers proprietary quantitative model with recommendations from one or more sub-advisers. SEEM was launched on Oct 10, 2024 and is issued by SEI.