Emerging Markets Equity Active ETF (NASDAQ:REMG – Get Free Report) was the target of a large drop in short interest during the month of October. As of October 15th, there was short interest totaling 8,313 shares, a drop of 50.1% from the September 30th total of 16,645 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 33,464 shares, the short-interest ratio is currently 0.2 days.
Institutional Inflows and Outflows
A hedge fund recently raised its stake in Emerging Markets Equity Active ETF stock. Bank of New York Mellon Corp increased its holdings in Emerging Markets Equity Active ETF (NASDAQ:REMG – Free Report) by 12.8% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 19,163 shares of the company’s stock after buying an additional 2,180 shares during the period. Bank of New York Mellon Corp owned about 0.68% of Emerging Markets Equity Active ETF worth $590,000 as of its most recent filing with the Securities & Exchange Commission.
Emerging Markets Equity Active ETF Price Performance
Shares of NASDAQ:REMG traded down $0.94 during trading hours on Friday, hitting $32.79. 28,286 shares of the company’s stock traded hands, compared to its average volume of 13,924. The business has a fifty day moving average price of $36.10 and a 200-day moving average price of $34.81. Emerging Markets Equity Active ETF has a 1 year low of $28.07 and a 1 year high of $39.02. The firm has a market capitalization of $111.49 million, a P/E ratio of 12.01 and a beta of 1.41.
About Emerging Markets Equity Active ETF
The Emerging Markets Equity Active ETF (REMG) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed ETF that employs a multi-manager, multi-style investment approach, investing in companies of various market capitalizations from emerging market countries. REMG was launched on May 29, 2025 and is issued by Russell Investments.
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