Rayliant SMDAM Japan Equity ETF (NYSEARCA:RAYJ) Short Interest Down 40.7% in December

Rayliant SMDAM Japan Equity ETF (NYSEARCA:RAYJ) was the recipient of a large decline in short interest in the month of December. As of December 15th, there was short interest totaling 226 shares, a decline of 40.7% from the November 30th total of 381 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 3,960 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 3,960 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are sold short.

Rayliant SMDAM Japan Equity ETF Trading Up 0.7%

NYSEARCA:RAYJ traded up $0.25 during midday trading on Friday, hitting $33.75. 829 shares of the company traded hands, compared to its average volume of 5,152. The firm has a market capitalization of $15.86 million, a P/E ratio of 20.96 and a beta of 0.65. The firm’s fifty day moving average is $33.97 and its 200-day moving average is $33.00. Rayliant SMDAM Japan Equity ETF has a 12-month low of $23.70 and a 12-month high of $38.00.

Institutional Investors Weigh In On 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 Rayliant SMDAM Japan Equity ETF (NYSEARCA:RAYJ) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. 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 at the end of the most recent quarter.

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.