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

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

SEI Select Emerging Markets Equity ETF Trading Down 1.1%

Shares of SEEM stock traded down $0.43 during midday trading on Friday, reaching $39.44. 63,678 shares of the stock were exchanged, compared to its average volume of 66,668. SEI Select Emerging Markets Equity ETF has a 1 year low of $27.13 and a 1 year high of $41.79. The company’s 50 day moving average is $38.63 and its two-hundred day moving average is $35.18. The firm has a market cap of $582.53 million, a PE ratio of 11.47 and a beta of 0.76.

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SEI Select Emerging Markets Equity ETF Announces Dividend

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

Institutional Investors Weigh In On SEI Select Emerging Markets Equity ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Sei Investments Co. raised its holdings in SEI Select Emerging Markets Equity ETF by 514.4% in the first quarter. Sei Investments Co. now owns 206,916 shares of the company’s stock worth $6,776,000 after purchasing an additional 173,241 shares in the last quarter. Patriot Financial Group Insurance Agency LLC bought a new stake in shares of SEI Select Emerging Markets Equity ETF during the 1st quarter valued at $279,000. OLD Mission Capital LLC purchased a new stake in shares of SEI Select Emerging Markets Equity ETF in the 4th quarter worth about $848,000. Osaic Holdings Inc. grew its position in shares of SEI Select Emerging Markets Equity ETF by 1,270.0% in the 4th quarter. Osaic Holdings Inc. now owns 993,806 shares of the company’s stock worth $30,933,000 after buying an additional 921,267 shares during the period. Finally, Stark Wealth Management LLC purchased a new stake in shares of SEI Select Emerging Markets Equity ETF in the 4th quarter worth about $969,000.

About SEI Select Emerging Markets Equity ETF

(Get Free Report)

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.

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