SEI Select International Equity ETF (NASDAQ:SEIE) Sees Large Growth in Short Interest

SEI Select International Equity ETF (NASDAQ:SEIE) saw a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 269,118 shares, an increase of 17,273.7% from the June 15th total of 1,549 shares. Approximately 0.8% of the shares of the company are short sold. Based on an average daily volume of 132,466 shares, the short-interest ratio is presently 2.0 days.

Hedge Funds Weigh In On SEI Select International Equity ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Silver Oak Securities Incorporated acquired a new stake in SEI Select International Equity ETF during the 4th quarter worth about $158,000. Moneco Advisors LLC acquired a new position in shares of SEI Select International Equity ETF in the fourth quarter valued at about $209,000. Cetera Investment Advisers purchased a new position in shares of SEI Select International Equity ETF in the first quarter worth about $222,000. Global Retirement Partners LLC purchased a new position in shares of SEI Select International Equity ETF in the fourth quarter worth about $263,000. Finally, Flow Traders U.S. LLC acquired a new stake in shares of SEI Select International Equity ETF during the third quarter worth about $321,000.

SEI Select International Equity ETF Price Performance

SEI Select International Equity ETF stock traded down $0.07 during mid-day trading on Friday, reaching $35.57. 90,585 shares of the company traded hands, compared to its average volume of 103,273. The firm’s fifty day moving average is $35.17 and its two-hundred day moving average is $34.21. The company has a market capitalization of $1.14 billion, a price-to-earnings ratio of 13.90 and a beta of 0.48. SEI Select International Equity ETF has a fifty-two week low of $28.51 and a fifty-two week high of $36.79.

SEI Select International Equity ETF Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Monday, July 6th were issued a dividend of $0.3615 per share. The ex-dividend date of this dividend was Monday, July 6th. This represents a $1.45 dividend on an annualized basis and a dividend yield of 4.1%.

About SEI Select International Equity ETF

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.