Emerging Markets Equity Select ETF (NASDAQ:RNEM) Short Interest Update

Emerging Markets Equity Select ETF (NASDAQ:RNEM) saw a large decrease in short interest in July. As of July 15th, there was short interest totaling 190 shares, a decrease of 80.8% from the June 30th total of 989 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 587 shares, the short-interest ratio is currently 0.3 days.

Emerging Markets Equity Select ETF Price Performance

Emerging Markets Equity Select ETF stock opened at $55.74 on Friday. The stock has a market capitalization of $16.72 million, a P/E ratio of 15.10 and a beta of 0.44. Emerging Markets Equity Select ETF has a 12-month low of $46.90 and a 12-month high of $59.01. The firm’s 50-day moving average is $55.18 and its two-hundred day moving average is $55.92.

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.