Emerging Markets Equity Select ETF (NASDAQ:RNEM) Shares Shorted: Short Interest Down 94.7% in September

Emerging Markets Equity Select ETF (NASDAQ:RNEM) was the recipient of a large decrease in short interest in the month of September. As of September 30th, there was short interest totaling 24 shares, a decrease of 94.7% from the September 15th total of 454 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 7,623 shares, the short-interest ratio is presently 0.0 days.

Emerging Markets Equity Select ETF Stock Performance

Shares of Emerging Markets Equity Select ETF stock opened at $55.72 on Friday. Emerging Markets Equity Select ETF has a 52-week low of $46.90 and a 52-week high of $59.01. The business’s 50 day simple moving average is $56.46 and its 200 day simple moving average is $55.84. The firm has a market cap of $16.71 million, a PE ratio of 15.10 and a beta of 0.43.

Emerging Markets Equity Select ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Thursday, September 24th were given a dividend of $0.6346 per share. This is an increase from Emerging Markets Equity Select ETF’s previous quarterly dividend of $0.3481. This represents a $2.54 dividend on an annualized basis and a yield of 4.6%. The ex-dividend date of this dividend was Thursday, September 24th.

About Emerging Markets Equity Select ETF

The First Trust Emerging Markets Equity Select ETF (RNEM) is an exchange-traded fund that is based on the Nasdaq Riskalyze Emerging Markets index. The fund tracks a tier-weighted index of emerging-market stocks selected for low volatility. RNEM was launched on Jun 20, 2017 and is managed by First Trust.