Rayliant Quantamental Emerging Market Equity ETF (NYSEARCA:RAYE) Sees Large Growth in Short Interest

Rayliant Quantamental Emerging Market Equity ETF (NYSEARCA:RAYE) was the recipient of a significant growth in short interest during 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. Based on an average daily volume of 4,738 shares, the short-interest ratio is presently 1.1 days. Approximately 0.2% of the company’s shares are short sold. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 4,738 shares, the short-interest ratio is presently 1.1 days.

Rayliant Quantamental Emerging Market Equity ETF Stock Down 2.5%

NYSEARCA:RAYE opened at $28.96 on Friday. The company has a market cap of $81.10 million, a P/E ratio of 14.50 and a beta of 0.69. The firm’s 50 day moving average is $29.20 and its two-hundred day moving average is $27.83. Rayliant Quantamental Emerging Market Equity ETF has a fifty-two week low of $20.10 and a fifty-two week high of $32.89.

Rayliant Quantamental Emerging Market Equity ETF Company Profile

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.