Rayliant Quantamental Emerging Market Equity ETF (NYSEARCA:RAYE) Short Interest Update
by Mitch Edgeman · The Markets DailyRayliant Quantamental Emerging Market Equity ETF (NYSEARCA:RAYE – Get Free Report) saw a significant increase in short interest in December. As of December 15th, there was short interest totaling 5,335 shares, an increase of 3,409.9% from the November 30th total of 152 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average trading volume of 4,738 shares, the short-interest ratio is presently 1.1 days. Based on an average trading volume of 4,738 shares, the short-interest ratio is presently 1.1 days. Currently, 0.2% of the company’s stock are short sold.
Rayliant Quantamental Emerging Market Equity ETF Trading Down 2.5%
Shares of RAYE stock traded down $0.74 during trading hours on Wednesday, reaching $28.96. 5,975 shares of the company’s stock were exchanged, compared to its average volume of 8,836. Rayliant Quantamental Emerging Market Equity ETF has a fifty-two week low of $20.10 and a fifty-two week high of $32.89. The stock’s 50 day moving average is $29.20 and its 200-day moving average is $27.81. The company has a market cap of $81.10 million, a price-to-earnings ratio of 14.50 and a beta of 0.69.
Rayliant Quantamental Emerging Market Equity ETF Company Profile
The Rayliant Quantamental Emerging Market Equity ETF (RAYE) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed portfolio of emerging market equities that are selected and weighted using a combination of quantitative and fundamental, quantamental, proprietary research. RAYE was launched on Dec 15, 2021 and is managed by Rayliant.