Rayliant SMDAM Japan Equity ETF (NYSEARCA:RAYJ) Short Interest Update

Rayliant SMDAM Japan Equity ETF (NYSEARCA:RAYJ) was the target of a large drop in short interest in the month of July. As of July 15th, there was short interest totaling 900 shares, a drop of 60.1% from the June 30th total of 2,254 shares. Based on an average daily volume of 2,048 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.1% of the company’s shares are sold short.

Rayliant SMDAM Japan Equity ETF Stock Performance

RAYJ remained flat at $37.44 during trading on Tuesday. The company had a trading volume of 13,364 shares, compared to its average volume of 4,879. The company has a 50-day moving average of $39.19 and a 200-day moving average of $37.61. The firm has a market capitalization of $24.34 million, a P/E ratio of 20.96 and a beta of 1.06. Rayliant SMDAM Japan Equity ETF has a 1 year low of $31.35 and a 1 year high of $41.91.

Institutional Investors Weigh In On Rayliant SMDAM Japan Equity ETF

An institutional investor recently bought a new position in Rayliant SMDAM Japan Equity ETF stock. Flow Traders U.S. LLC acquired a new position in Rayliant SMDAM Japan Equity ETF (NYSEARCA:RAYJ) in the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 6,390 shares of the company’s stock, valued at approximately $204,000. Flow Traders U.S. LLC owned 1.42% of Rayliant SMDAM Japan Equity ETF as of its most recent filing with the SEC.

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.