Rayliant Quantamental Emerging Market Equity ETF (NYSEARCA:RAYE) Short Interest Update

Rayliant Quantamental Emerging Market Equity ETF (NYSEARCA:RAYE) was the target of a large growth in short interest in the month of December. As of December 15th, there was short interest totaling 5,335 shares, a growth of 3,409.9% from the November 30th total of 152 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average trading volume of 4,738 shares, the short-interest ratio is currently 1.1 days. Based on an average trading volume of 4,738 shares, the short-interest ratio is currently 1.1 days. Currently, 0.2% of the shares of the stock are sold short.

Rayliant Quantamental Emerging Market Equity ETF Trading Down 2.5%

Shares of Rayliant Quantamental Emerging Market Equity ETF stock traded down $0.74 during trading on Thursday, hitting $28.96. The stock had a trading volume of 5,975 shares, compared to its average volume of 8,836. Rayliant Quantamental Emerging Market Equity ETF has a 12 month low of $20.10 and a 12 month high of $32.89. The business’s 50-day moving average is $29.20 and its 200 day moving average is $27.82. The firm has a market cap of $81.10 million, a price-to-earnings ratio of 14.50 and a beta of 0.69.

About Rayliant Quantamental Emerging Market Equity ETF

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.