Short Interest in Emerging Markets Equity Active ETF (NASDAQ:REMG) Declines By 76.2%

Emerging Markets Equity Active ETF (NASDAQ:REMG) was the recipient of a significant drop in short interest in June. As of June 15th, there was short interest totaling 5,505 shares, a drop of 76.2% from the May 31st total of 23,094 shares. Based on an average daily volume of 11,901 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.2% of the company’s shares are sold short.

Institutional Investors Weigh In On Emerging Markets Equity Active ETF

An institutional investor recently raised its position in Emerging Markets Equity Active ETF stock. Bank of New York Mellon Corp raised its holdings in Emerging Markets Equity Active ETF (NASDAQ:REMG) by 12.8% in the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 19,163 shares of the company’s stock after acquiring an additional 2,180 shares during the quarter. Bank of New York Mellon Corp owned approximately 0.68% of Emerging Markets Equity Active ETF worth $590,000 as of its most recent SEC filing.

Emerging Markets Equity Active ETF Stock Performance

Shares of Emerging Markets Equity Active ETF stock traded down $0.49 on Monday, hitting $36.15. The stock had a trading volume of 2,680 shares, compared to its average volume of 9,260. The stock has a 50 day moving average of $36.26 and a 200 day moving average of $33.17. Emerging Markets Equity Active ETF has a twelve month low of $25.69 and a twelve month high of $38.96. The firm has a market capitalization of $101.22 million, a P/E ratio of 12.01 and a beta of -2.64.

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.