Rayliant Quantitative Developed Market Equity ETF (NYSEARCA:RAYD) Short Interest Update

Rayliant Quantitative Developed Market Equity ETF (NYSEARCA:RAYD) saw a large drop in short interest in December. As of December 15th, there was short interest totaling 1,933 shares, a drop of 28.9% from the November 30th total of 2,719 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average trading volume of 4,888 shares, the days-to-cover ratio is currently 0.4 days. Based on an average trading volume of 4,888 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.1% of the shares of the company are short sold.

Rayliant Quantitative Developed Market Equity ETF Price Performance

Shares of NYSEARCA RAYD traded down $0.16 during mid-day trading on Monday, hitting $38.08. The company had a trading volume of 9,815 shares, compared to its average volume of 11,818. Rayliant Quantitative Developed Market Equity ETF has a 12 month low of $28.13 and a 12 month high of $41.40. The stock has a market cap of $105.85 million, a price-to-earnings ratio of 20.25 and a beta of 0.86. The firm’s 50 day simple moving average is $37.68 and its two-hundred day simple moving average is $37.00.

Institutional Investors Weigh In On Rayliant Quantitative Developed Market Equity ETF

A hedge fund recently raised its stake in Rayliant Quantitative Developed Market Equity ETF stock. Flow Traders U.S. LLC boosted its holdings in shares of Rayliant Quantitative Developed Market Equity ETF (NYSEARCA:RAYD) by 53.1% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 16,237 shares of the company’s stock after acquiring an additional 5,631 shares during the quarter. Flow Traders U.S. LLC owned 0.60% of Rayliant Quantitative Developed Market Equity ETF worth $583,000 at the end of the most recent quarter.

About Rayliant Quantitative Developed Market Equity ETF

The Rayliant Quantitative Developed Market Equity ETF (RAYD) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed portfolio of developed market equities that are selected and weighted with the aid of quantitative data models. RAYD was launched on Dec 15, 2021 and is managed by Rayliant.