Short Interest in SEI Select Emerging Markets Equity ETF (NASDAQ:SEEM) Increases By 1,702.4%

SEI Select Emerging Markets Equity ETF (NASDAQ:SEEM) saw a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 25,270 shares, a growth of 1,702.4% from the May 31st total of 1,402 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 49,260 shares, the short-interest ratio is presently 0.5 days.

Hedge Funds Weigh In On SEI Select Emerging Markets Equity ETF

Several large investors have recently modified their holdings of the stock. Binnacle Investments Inc boosted its stake in SEI Select Emerging Markets Equity ETF by 2.8% in the 2nd quarter. Binnacle Investments Inc now owns 17,289 shares of the company’s stock worth $476,000 after purchasing an additional 466 shares in the last quarter. Sei Investments Co. bought a new stake in SEI Select Emerging Markets Equity ETF during the 3rd quarter valued at about $510,000. Turning Point Benefit Group Inc. bought a new stake in SEI Select Emerging Markets Equity ETF during the 3rd quarter valued at about $73,000. Stewardship Advisors LLC raised its holdings in SEI Select Emerging Markets Equity ETF by 5.8% in the fourth quarter. Stewardship Advisors LLC now owns 8,867 shares of the company’s stock worth $276,000 after buying an additional 483 shares during the last quarter. Finally, Apella Capital LLC raised its holdings in SEI Select Emerging Markets Equity ETF by 1.7% in the fourth quarter. Apella Capital LLC now owns 52,848 shares of the company’s stock worth $1,645,000 after buying an additional 886 shares during the last quarter.

SEI Select Emerging Markets Equity ETF Trading Up 1.2%

NASDAQ:SEEM traded up $0.49 during trading hours on Thursday, reaching $39.87. 51,214 shares of the company traded hands, compared to its average volume of 66,693. The business’s 50-day moving average price is $38.56 and its two-hundred day moving average price is $35.15. The stock has a market capitalization of $588.88 million, a P/E ratio of 11.47 and a beta of 0.76. SEI Select Emerging Markets Equity ETF has a 1 year low of $27.13 and a 1 year high of $41.79.

SEI Select Emerging Markets Equity ETF Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 7th. Stockholders of record on Monday, April 6th were paid a $0.0985 dividend. This represents a $0.39 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend was Monday, April 6th.

SEI Select Emerging Markets Equity ETF Company Profile

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.