Short Interest in Rayliant SMDAM Japan Equity ETF (NYSEARCA:RAYJ) Decreases By 40.7%

Rayliant SMDAM Japan Equity ETF (NYSEARCA:RAYJ) was the target of a large drop in short interest in December. As of December 15th, there was short interest totaling 226 shares, a drop of 40.7% from the November 30th total of 381 shares. Based on an average daily trading volume, of 3,960 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 3,960 shares, the short-interest ratio is presently 0.1 days.

Institutional Trading of 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 bought a new stake in shares of Rayliant SMDAM Japan Equity ETF (NYSEARCA:RAYJ) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 6,390 shares of the company’s stock, valued at approximately $204,000. Flow Traders U.S. LLC owned approximately 1.42% of Rayliant SMDAM Japan Equity ETF at the end of the most recent reporting period.

Rayliant SMDAM Japan Equity ETF Stock Down 1.5%

Shares of Rayliant SMDAM Japan Equity ETF stock traded down $0.50 on Monday, reaching $33.25. The stock had a trading volume of 569 shares, compared to its average volume of 5,133. The stock has a market capitalization of $15.63 million, a P/E ratio of 20.96 and a beta of 0.65. The company has a 50 day moving average price of $33.96 and a 200 day moving average price of $33.03. Rayliant SMDAM Japan Equity ETF has a 1 year low of $23.70 and a 1 year high of $38.00.

About Rayliant SMDAM Japan Equity ETF

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.