Emerging Markets Equity Select ETF (NASDAQ:RNEM) Short Interest Update

Emerging Markets Equity Select ETF (NASDAQ:RNEM) saw a significant drop in short interest during the month of July. As of July 15th, there was short interest totaling 190 shares, a drop of 80.8% from the June 30th total of 989 shares. Based on an average daily volume of 587 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the shares of the company are short sold.

Emerging Markets Equity Select ETF Stock Performance

Shares of Emerging Markets Equity Select ETF stock traded up $0.54 on Monday, reaching $56.28. The stock had a trading volume of 327 shares, compared to its average volume of 1,384. The business’s 50-day moving average price is $55.18 and its two-hundred day moving average price is $55.92. Emerging Markets Equity Select ETF has a fifty-two week low of $46.90 and a fifty-two week high of $59.01. The stock has a market cap of $16.88 million, a P/E ratio of 15.10 and a beta of 0.44.

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.