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

SEI Select International Equity ETF (NASDAQ:SEIE) was the recipient of a significant drop in short interest during the month of July. As of July 15th, there was short interest totaling 83,212 shares, a drop of 69.1% from the June 30th total of 269,118 shares. Based on an average trading volume of 122,174 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.3% of the company’s shares are short sold.

SEI Select International Equity ETF Stock Up 0.7%

Shares of SEIE stock opened at $35.46 on Friday. SEI Select International Equity ETF has a fifty-two week low of $28.61 and a fifty-two week high of $36.79. The firm’s 50 day moving average price is $35.32 and its two-hundred day moving average price is $34.42. The stock has a market cap of $1.16 billion, a price-to-earnings ratio of 13.90 and a beta of 0.48.

SEI Select International Equity ETF Dividend Announcement

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

Institutional Trading of SEI Select International Equity ETF

A number of hedge funds and other institutional investors have recently modified their holdings of SEIE. Jane Street Group LLC increased its position in shares of SEI Select International Equity ETF by 240.9% in the 2nd quarter. Jane Street Group LLC now owns 54,776 shares of the company’s stock worth $1,615,000 after purchasing an additional 38,710 shares during the last quarter. Citadel Advisors LLC lifted its position in shares of SEI Select International Equity ETF by 8.0% during the third quarter. Citadel Advisors LLC now owns 18,194 shares of the company’s stock worth $555,000 after purchasing an additional 1,350 shares during the last quarter. Flow Traders U.S. LLC bought a new position in shares of SEI Select International Equity ETF during the third quarter worth about $321,000. Silver Oak Securities Incorporated acquired a new position in SEI Select International Equity ETF in the fourth quarter worth about $158,000. Finally, Stewardship Advisors LLC grew its stake in SEI Select International Equity ETF by 10.2% in the fourth quarter. Stewardship Advisors LLC now owns 20,569 shares of the company’s stock worth $669,000 after purchasing an additional 1,900 shares in the last quarter.

SEI Select International Equity ETF Company Profile

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.