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

Rayliant SMDAM Japan Equity ETF (NYSEARCA:RAYJ) saw a large drop in short interest during the month of April. As of April 30th, there was short interest totaling 6,752 shares, a drop of 50.9% from the April 15th total of 13,764 shares. Approximately 1.0% of the shares of the company are sold short. Based on an average daily trading volume, of 3,747 shares, the days-to-cover ratio is presently 1.8 days.

Rayliant SMDAM Japan Equity ETF Stock Performance

NYSEARCA RAYJ opened at $39.45 on Monday. The firm has a 50-day moving average of $37.03 and a 200-day moving average of $35.67. The stock has a market cap of $25.64 million, a PE ratio of 20.96 and a beta of 1.08. Rayliant SMDAM Japan Equity ETF has a 52-week low of $28.86 and a 52-week high of $41.68.

Institutional Trading of Rayliant SMDAM Japan Equity ETF

A hedge fund recently bought a new stake in Rayliant SMDAM Japan Equity ETF stock. Flow Traders U.S. LLC bought a new position in shares of Rayliant SMDAM Japan Equity ETF (NYSEARCA:RAYJ) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 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 as of its most recent filing with the Securities and Exchange Commission.

About Rayliant SMDAM Japan Equity ETF

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.