Short Interest in Pacific NoS Global EM Equity Active ETF (NASDAQ:GEME) Grows By 64.3%

Pacific NoS Global EM Equity Active ETF (NASDAQ:GEME) was the recipient of a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 142,658 shares, an increase of 64.3% from the June 30th total of 86,843 shares. Based on an average daily volume of 60,339 shares, the days-to-cover ratio is currently 2.4 days. Currently, 1.6% of the shares of the company are short sold.

Pacific NoS Global EM Equity Active ETF Stock Up 1.5%

NASDAQ:GEME traded up $0.62 during trading hours on Friday, reaching $41.74. 260,203 shares of the company’s stock were exchanged, compared to its average volume of 82,915. Pacific NoS Global EM Equity Active ETF has a 1-year low of $27.78 and a 1-year high of $45.99. The firm has a market capitalization of $375.66 million, a price-to-earnings ratio of 10.38 and a beta of 1.02. The company has a 50-day moving average of $42.59 and a 200 day moving average of $39.15.

About Pacific NoS Global EM Equity Active ETF

The Pacific North of South EM Equity Active ETF (GEME) is an exchange-traded fund that mostly invests in total market equity. The fund seeks long-term capital appreciation through an actively managed portfolio of emerging market equity and equity-related securities of large- and mid-cap companies. The fund employs a value-based investment approach that combines company-specific research with macroeconomic trend analysis. GEME was launched on Jan 23, 2025 and is issued by Pacific Funds.