Rayliant SMDAM Japan Equity ETF (NYSEARCA:RAYJ) Short Interest Update

Rayliant SMDAM Japan Equity ETF (NYSEARCA:RAYJ) saw a significant drop in short interest in the month of June. As of June 15th, there was short interest totaling 2,423 shares, a drop of 55.5% from the May 31st total of 5,447 shares. Based on an average daily volume of 2,946 shares, the short-interest ratio is presently 0.8 days. Currently, 0.4% of the shares of the stock are sold short.

Rayliant SMDAM Japan Equity ETF Stock Down 0.9%

Shares of Rayliant SMDAM Japan Equity ETF stock traded down $0.37 on Wednesday, reaching $39.85. The company’s stock had a trading volume of 2,152 shares, compared to its average volume of 5,164. The company has a market capitalization of $25.90 million, a P/E ratio of 20.96 and a beta of 1.08. The stock has a 50-day moving average price of $39.57 and a 200-day moving average price of $36.97. Rayliant SMDAM Japan Equity ETF has a 52-week low of $30.58 and a 52-week high of $41.91.

Institutional Investors Weigh In On 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 purchased a new stake in shares of Rayliant SMDAM Japan Equity ETF (NYSEARCA:RAYJ) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 6,390 shares of the company’s stock, valued at approximately $204,000. Flow Traders U.S. LLC owned about 1.42% of Rayliant SMDAM Japan Equity ETF at the end of the most recent quarter.

Rayliant SMDAM Japan Equity ETF Company Profile

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.