Rayliant Quantamental China Equity ETF (NYSEARCA:RAYC) Shares Up 0.5% – Here’s What Happened

Rayliant Quantamental China Equity ETF (NYSEARCA:RAYCGet Free Report)’s share price was up 0.5% on Thursday . The stock traded as high as $18.10 and last traded at $18.09. Approximately 2,706 shares changed hands during mid-day trading, a decline of 47% from the average daily volume of 5,109 shares. The stock had previously closed at $18.00.

Rayliant Quantamental China Equity ETF Stock Up 0.5%

The company has a market cap of $20.80 million, a PE ratio of 11.86 and a beta of 0.25. The business has a 50-day simple moving average of $18.17 and a 200-day simple moving average of $17.42.

Rayliant Quantamental China Equity ETF Dividend Announcement

The business also recently disclosed an annual dividend, which was paid on Friday, November 28th. Shareholders of record on Wednesday, November 26th were given a dividend of $0.3575 per share. The ex-dividend date was Wednesday, November 26th. This represents a yield of 199.0%.

About Rayliant Quantamental China Equity ETF

(Get Free Report)

The Rayliant Quantamental China Equity ETF (RAYC) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed portfolio of Chinese stocks selected and weighted based on a combination of quantitative and fundamental, quantamental, proprietary research. RAYC was launched on Dec 31, 2020 and is managed by Rayliant.

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