Emerging Markets Equity Active ETF (NASDAQ:REMG) Sees Large Decline in Short Interest

Emerging Markets Equity Active ETF (NASDAQ:REMG) saw a significant decline in short interest during the month of April. As of April 30th, there was short interest totaling 2,002 shares, a decline of 42.8% from the April 15th total of 3,500 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 7,354 shares, the short-interest ratio is presently 0.3 days.

Institutional Trading of Emerging Markets Equity Active ETF

A hedge fund recently raised its stake in Emerging Markets Equity Active ETF stock. Bank of New York Mellon Corp boosted its stake in Emerging Markets Equity Active ETF (NASDAQ:REMG) by 12.8% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 19,163 shares of the company’s stock after acquiring an additional 2,180 shares during the period. Bank of New York Mellon Corp owned 0.68% of Emerging Markets Equity Active ETF worth $590,000 at the end of the most recent quarter.

Emerging Markets Equity Active ETF Trading Down 0.7%

NASDAQ:REMG opened at $35.32 on Tuesday. The stock’s 50-day moving average is $33.07 and its 200-day moving average is $31.58. Emerging Markets Equity Active ETF has a 1-year low of $24.02 and a 1-year high of $37.13. The stock has a market cap of $98.90 million, a P/E ratio of 12.01 and a beta of 2.18.

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.