SEI Select International Equity ETF (NASDAQ:SEIE) Sees Significant Increase in Short Interest

SEI Select International Equity ETF (NASDAQ:SEIE) saw a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 47,271 shares, an increase of 2,485.9% from the August 15th total of 1,828 shares. Based on an average daily volume of 92,974 shares, the short-interest ratio is presently 0.5 days. Currently, 0.1% of the company’s stock are short sold.

Hedge Funds Weigh In On SEI Select International Equity ETF

A number of hedge funds have recently bought and sold shares of SEIE. Osaic Holdings Inc. increased its holdings in shares of SEI Select International Equity ETF by 1,677.9% in the 4th quarter. Osaic Holdings Inc. now owns 2,382,667 shares of the company’s stock worth $77,513,000 after buying an additional 2,248,650 shares during the last quarter. Summit Wealth Group LLC Co. acquired a new position in shares of SEI Select International Equity ETF in the 4th quarter valued at $62,685,000. 3EDGE Asset Management LP purchased a new position in SEI Select International Equity ETF during the 4th quarter valued at about $37,348,000. Sei Investments Co. acquired a new position in shares of SEI Select International Equity ETF in the 1st quarter valued at about $5,698,000. Finally, Stark Wealth Management LLC acquired a new position in SEI Select International Equity ETF in the fourth quarter valued at approximately $2,134,000.

SEI Select International Equity ETF Price Performance

Shares of NASDAQ SEIE traded down $0.23 during midday trading on Thursday, reaching $36.38. 83,802 shares of the stock were exchanged, compared to its average volume of 111,786. The company has a market capitalization of $1.20 billion, a price-to-earnings ratio of 13.90 and a beta of 0.47. SEI Select International Equity ETF has a 12 month low of $29.83 and a 12 month high of $38.30. The business has a 50-day simple moving average of $36.42 and a two-hundred day simple moving average of $35.09.

SEI Select International Equity ETF Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, July 7th. Investors of record on Monday, July 6th were given a dividend of $0.3615 per share. This represents a $1.45 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date of this dividend was Monday, July 6th.

SEI Select International Equity ETF Company Profile

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