Emerging Markets Equity Select ETF (NASDAQ:RNEM) Shares Shorted: Short Interest Up 66.7% in October

Emerging Markets Equity Select ETF (NASDAQ:RNEM) saw a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 40 shares, an increase of 66.7% from the September 30th total of 24 shares. Based on an average daily volume of 1,826 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

Emerging Markets Equity Select ETF Stock Down 0.2%

Shares of Emerging Markets Equity Select ETF stock opened at $55.36 on Monday. The firm has a market cap of $16.61 million, a price-to-earnings ratio of 15.10 and a beta of 0.43. The business has a fifty day simple moving average of $56.29 and a 200-day simple moving average of $56.08. Emerging Markets Equity Select ETF has a fifty-two week low of $46.90 and a fifty-two week high of $59.01.

Emerging Markets Equity Select ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Thursday, September 24th were issued a $0.6346 dividend. This is an increase from Emerging Markets Equity Select ETF’s previous quarterly dividend of $0.3481. This represents a $2.54 dividend on an annualized basis and a yield of 4.6%. The ex-dividend date was Thursday, September 24th.

Emerging Markets Equity Select ETF Company Profile

The First Trust Emerging Markets Equity Select ETF (RNEM) is an exchange-traded fund that is based on the Nasdaq Riskalyze Emerging Markets index. The fund tracks a tier-weighted index of emerging-market stocks selected for low volatility. RNEM was launched on Jun 20, 2017 and is managed by First Trust.