Rayliant SMDAM Japan Equity ETF (NYSEARCA:RAYJ) Short Interest Up 141.5% in February

Rayliant SMDAM Japan Equity ETF (NYSEARCA:RAYJGet Free Report) was the recipient of a large growth in short interest during the month of February. As of February 13th, there was short interest totaling 4,995 shares, a growth of 141.5% from the January 29th total of 2,068 shares. Currently, 0.8% of the company’s shares are sold short. Based on an average daily trading volume, of 2,923 shares, the short-interest ratio is presently 1.7 days. Based on an average daily trading volume, of 2,923 shares, the short-interest ratio is presently 1.7 days. Currently, 0.8% of the company’s shares are sold short.

Rayliant SMDAM Japan Equity ETF Stock Performance

NYSEARCA RAYJ opened at $38.60 on Friday. The stock has a market capitalization of $25.09 million, a P/E ratio of 20.96 and a beta of 0.65. Rayliant SMDAM Japan Equity ETF has a 52 week low of $23.70 and a 52 week high of $38.75. The stock has a fifty day moving average of $35.33 and a 200-day moving average of $34.25.

Rayliant SMDAM Japan Equity ETF Dividend Announcement

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

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 purchased a new stake in Rayliant SMDAM Japan Equity ETF (NYSEARCA:RAYJFree Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 6,390 shares of the company’s stock, valued at approximately $204,000. Flow Traders U.S. LLC owned 1.42% of Rayliant SMDAM Japan Equity ETF as of its most recent SEC filing.

About Rayliant SMDAM Japan Equity ETF

(Get Free Report)

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.

Further Reading

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