SEI Select Small Cap ETF (NASDAQ:SEIS) Sees Large Decrease in Short Interest

SEI Select Small Cap ETF (NASDAQ:SEIS) was the target of a significant decline in short interest in the month of July. As of July 31st, there was short interest totaling 12,151 shares, a decline of 76.1% from the July 15th total of 50,905 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 59,615 shares, the short-interest ratio is presently 0.2 days.

SEI Select Small Cap ETF Price Performance

NASDAQ:SEIS traded up $0.14 during trading hours on Thursday, reaching $33.51. 33,352 shares of the company were exchanged, compared to its average volume of 51,618. The company has a market capitalization of $597.48 million, a P/E ratio of 17.49 and a beta of 1.15. SEI Select Small Cap ETF has a 1-year low of $25.86 and a 1-year high of $33.76. The business has a 50 day moving average of $32.63 and a 200 day moving average of $30.71.

SEI Select Small Cap ETF Dividend Announcement

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

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.