International Developed Equity Active ETF (NASDAQ:RINT) Shares Shorted: Short Interest Down 98.1% in October

International Developed Equity Active ETF (NASDAQ:RINT) saw a large decrease in short interest during the month of October. As of October 30th, there was short interest totaling 6,213 shares, a decrease of 98.1% from the October 15th total of 335,820 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average trading volume of 22,906 shares, the days-to-cover ratio is currently 0.3 days.

Hedge Funds Weigh In On International Developed Equity Active ETF

An institutional investor recently raised its stake in International Developed Equity Active ETF stock. Bank of New York Mellon Corp lifted its position in International Developed Equity Active ETF (NASDAQ:RINT) by 20.4% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 31,959 shares of the company’s stock after buying an additional 5,424 shares during the period. Bank of New York Mellon Corp owned about 0.76% of International Developed Equity Active ETF worth $931,000 as of its most recent SEC filing.

International Developed Equity Active ETF Trading Down 0.7%

Shares of NASDAQ:RINT traded down $0.21 during mid-day trading on Thursday, reaching $31.88. The stock had a trading volume of 12,581 shares, compared to its average volume of 16,526. The firm has a 50 day simple moving average of $32.16 and a two-hundred day simple moving average of $31.52. International Developed Equity Active ETF has a twelve month low of $27.35 and a twelve month high of $35.93. The firm has a market cap of $165.78 million, a PE ratio of 16.57 and a beta of 0.70.

About International Developed Equity Active ETF

Russell Investments Exchange Traded Funds – International Developed Equity Active ETF is an exchange traded fund launched and managed by Russell Investment Management, LLC. It invests in public equity markets of global ex-US region. The fund invests in stocks of companies operating across diversified sectors. It invests in growth, value and volatility stocks of companies across diversified market capitalization, within the market capitalization range of the MSCI World ex USA Index. The fund employs fundamental and quantitative analysis to create its portfolio.