Short Interest in SEI Select Emerging Markets Equity ETF (NASDAQ:SEEM) Decreases By 65.0%

SEI Select Emerging Markets Equity ETF (NASDAQ:SEEM) was the target of a large drop in short interest during the month of May. As of May 29th, there was short interest totaling 1,402 shares, a drop of 65.0% from the May 14th total of 4,007 shares. Based on an average trading volume of 32,507 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

SEI Select Emerging Markets Equity ETF Stock Up 0.6%

SEI Select Emerging Markets Equity ETF stock traded up $0.24 during midday trading on Friday, hitting $39.71. 27,128 shares of the stock were exchanged, compared to its average volume of 68,849. The company has a fifty day simple moving average of $37.29 and a two-hundred day simple moving average of $34.47. SEI Select Emerging Markets Equity ETF has a 52 week low of $26.44 and a 52 week high of $41.22. The stock has a market capitalization of $586.52 million, a PE ratio of 11.47 and a beta of 0.76.

SEI Select Emerging Markets Equity ETF Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 7th. Investors of record on Monday, April 6th were paid a dividend of $0.0985 per share. The ex-dividend date of this dividend was Monday, April 6th. This represents a $0.39 annualized dividend and a yield of 1.0%.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Merit Financial Group LLC bought a new position in SEI Select Emerging Markets Equity ETF in the third quarter valued at approximately $825,000. Summit Wealth Group LLC Co. acquired a new position in shares of SEI Select Emerging Markets Equity ETF in the fourth quarter valued at $24,668,000. 3EDGE Asset Management LP bought a new stake in shares of SEI Select Emerging Markets Equity ETF in the fourth quarter valued at about $23,733,000. Cora Capital Advisors LLC boosted its position in shares of SEI Select Emerging Markets Equity ETF by 22.3% in the fourth quarter. Cora Capital Advisors LLC now owns 11,038 shares of the company’s stock valued at $344,000 after acquiring an additional 2,015 shares during the period. Finally, United Advisor Group LLC lifted its position in SEI Select Emerging Markets Equity ETF by 21.8% during the fourth quarter. United Advisor Group LLC now owns 8,106 shares of the company’s stock worth $252,000 after purchasing an additional 1,451 shares during the period.

About SEI Select Emerging Markets Equity ETF

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.