SEI High Yield Bond & Alternative Credit ETF (NASDAQ:LEND) Sees Large Decline in Short Interest

SEI High Yield Bond & Alternative Credit ETF (NASDAQ:LEND – Get Free Report) was the recipient of a large decrease in short interest during the month of September. As of September 30th, there was short interest totaling 1,032 shares, a decrease of 40.2% from the September 15th total of 1,726 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 44,519 shares, the days-to-cover ratio is presently 0.0 days.

SEI High Yield Bond & Alternative Credit ETF Stock Down 0.4%

SEI High Yield Bond & Alternative Credit ETF stock traded down $0.09 during trading on Friday, hitting $24.00. The company had a trading volume of 43,005 shares, compared to its average volume of 73,454. SEI High Yield Bond & Alternative Credit ETF has a 1-year low of $23.98 and a 1-year high of $25.29. The company’s 50 day simple moving average is $24.59 and its 200-day simple moving average is $22.88.

SEI High Yield Bond & Alternative Credit ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Monday, October 5th were given a dividend of $0.1343 per share. This represents a $1.61 annualized dividend and a dividend yield of 6.7%. The ex-dividend date was Monday, October 5th.

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