Short Interest in Emerging Markets Equity Active ETF (NASDAQ:REMG) Decreases By 76.2%

Emerging Markets Equity Active ETF (NASDAQ:REMG) saw a large drop in short interest in June. As of June 15th, there was short interest totaling 5,505 shares, a drop of 76.2% from the May 31st total of 23,094 shares. Based on an average daily trading volume, of 11,901 shares, the short-interest ratio is currently 0.5 days. Approximately 0.2% of the company’s stock are sold short.

Hedge Funds Weigh In On Emerging Markets Equity Active ETF

A hedge fund recently raised its position in Emerging Markets Equity Active ETF stock. Bank of New York Mellon Corp increased its position in Emerging Markets Equity Active ETF (NASDAQ:REMG) by 12.8% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,163 shares of the company’s stock after purchasing an additional 2,180 shares during the period. Bank of New York Mellon Corp owned approximately 0.68% of Emerging Markets Equity Active ETF worth $590,000 at the end of the most recent reporting period.

Emerging Markets Equity Active ETF Trading Down 0.9%

Emerging Markets Equity Active ETF stock opened at $36.64 on Friday. The business’s fifty day simple moving average is $36.26 and its two-hundred day simple moving average is $33.14. Emerging Markets Equity Active ETF has a 12 month low of $25.69 and a 12 month high of $38.96. The company has a market capitalization of $102.59 million, a price-to-earnings ratio of 12.01 and a beta of 2.54.

Emerging Markets Equity Active ETF Company Profile

The Emerging Markets Equity Active ETF (REMG) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed ETF that employs a multi-manager, multi-style investment approach, investing in companies of various market capitalizations from emerging market countries. REMG was launched on May 29, 2025 and is issued by Russell Investments.