Rayliant SMDAM Japan Equity ETF (NYSEARCA:RAYJ) Short Interest Down 70.2% in January

Rayliant SMDAM Japan Equity ETF (NYSEARCA:RAYJ) was the recipient of a significant decrease in short interest in the month of January. As of January 30th, there was short interest totaling 2,068 shares, a decrease of 70.2% from the January 15th total of 6,943 shares. Based on an average daily trading volume, of 4,105 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.3% of the company’s shares are short sold. Currently, 0.3% of the company’s shares are short sold. Based on an average daily trading volume, of 4,105 shares, the days-to-cover ratio is presently 0.5 days.

Rayliant SMDAM Japan Equity ETF Trading Down 0.2%

RAYJ traded down $0.09 during midday trading on Friday, hitting $38.13. The company’s stock had a trading volume of 1,602 shares, compared to its average volume of 9,723. The firm has a market cap of $24.78 million, a P/E ratio of 20.96 and a beta of 0.65. The firm has a 50-day moving average price of $34.57 and a two-hundred day moving average price of $33.89. Rayliant SMDAM Japan Equity ETF has a 52-week low of $23.70 and a 52-week high of $38.38.

Rayliant SMDAM Japan Equity ETF Dividend Announcement

The business also recently announced an annual dividend, which was paid on Wednesday, January 7th. Investors of record on Tuesday, December 30th were issued a $0.562 dividend. This represents a yield of 172.0%. The ex-dividend date was Tuesday, December 30th.

Hedge Funds Weigh In On Rayliant SMDAM Japan Equity ETF

An institutional investor recently bought a new position in Rayliant SMDAM Japan Equity ETF stock. Flow Traders U.S. LLC acquired a new stake in Rayliant SMDAM Japan Equity ETF (NYSEARCA:RAYJ) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 6,390 shares of the company’s stock, valued at approximately $204,000. Flow Traders U.S. LLC owned approximately 1.42% of Rayliant SMDAM Japan Equity ETF at the end of the most recent reporting period.

Rayliant SMDAM Japan Equity ETF Company Profile

The Rayliant SMDAM Japan Equity ETF (RAYJ) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, investing primarily in Japanese stocks. The fund targets firms that are perceived to exhibit sustainable earnings growth and sector flexibility RAYJ was launched on Apr 4, 2024 and is issued by Rayliant.