Emerging Markets Equity Active ETF (NASDAQ:REMG – Get Free Report) was the target of a large decrease in short interest in April. As of April 30th, there was short interest totaling 2,002 shares, a decrease of 42.8% from the April 15th total of 3,500 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 7,354 shares, the short-interest ratio is currently 0.3 days.
Institutional Trading of Emerging Markets Equity Active ETF
A hedge fund recently raised its stake in Emerging Markets Equity Active ETF stock. Bank of New York Mellon Corp raised its holdings in Emerging Markets Equity Active ETF (NASDAQ:REMG – Free Report) by 12.8% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 19,163 shares of the company’s stock after acquiring 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 Stock Down 3.2%
REMG traded down $1.19 during trading on Friday, reaching $35.56. 10,824 shares of the company were exchanged, compared to its average volume of 8,836. The company’s 50-day moving average is $33.00 and its two-hundred day moving average is $31.53. The company has a market cap of $99.57 million, a price-to-earnings ratio of 12.01 and a beta of 2.18. Emerging Markets Equity Active ETF has a 12-month low of $24.02 and a 12-month high of $37.13.
About Emerging Markets Equity Active ETF
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.
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