SEI Select Small Cap ETF (NASDAQ:SEIS) Sees Significant Growth in Short Interest

SEI Select Small Cap ETF (NASDAQ:SEIS) was the recipient of a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 20,457 shares, an increase of 218.7% from the June 15th total of 6,418 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 64,277 shares, the days-to-cover ratio is presently 0.3 days.

SEI Select Small Cap ETF Stock Performance

Shares of NASDAQ:SEIS traded down $0.15 during midday trading on Monday, hitting $32.48. 13,450 shares of the stock were exchanged, compared to its average volume of 50,774. SEI Select Small Cap ETF has a 52-week low of $25.00 and a 52-week high of $33.70. The business’s fifty day simple moving average is $32.05 and its two-hundred day simple moving average is $30.08. The company has a market capitalization of $565.15 million, a PE ratio of 17.49 and a beta of 1.14.

SEI Select Small Cap ETF Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, July 7th. Investors of record on Monday, July 6th were given a dividend of $0.0245 per share. This represents a $0.10 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend was Monday, July 6th.

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.