Pacific NoS Global EM Equity Active ETF (NASDAQ:GEME) Short Interest Down 78.5% in August

Pacific NoS Global EM Equity Active ETF (NASDAQ:GEME) was the target of a significant decline in short interest in the month of August. As of August 14th, there was short interest totaling 89,043 shares, a decline of 78.5% from the July 30th total of 413,379 shares. Based on an average trading volume of 83,551 shares, the days-to-cover ratio is presently 1.1 days. Approximately 0.9% of the shares of the company are short sold.

Pacific NoS Global EM Equity Active ETF Stock Down 0.5%

NASDAQ GEME traded down $0.23 during midday trading on Thursday, hitting $42.29. The company had a trading volume of 43,258 shares, compared to its average volume of 81,417. The firm has a fifty day simple moving average of $42.21 and a two-hundred day simple moving average of $40.16. Pacific NoS Global EM Equity Active ETF has a fifty-two week low of $28.46 and a fifty-two week high of $45.99. The stock has a market cap of $397.53 million, a price-to-earnings ratio of 10.38 and a beta of 1.05.

Pacific NoS Global EM Equity Active ETF Company Profile

The Pacific North of South EM Equity Active ETF (GEME) is an exchange-traded fund that mostly invests in total market equity. The fund seeks long-term capital appreciation through an actively managed portfolio of emerging market equity and equity-related securities of large- and mid-cap companies. The fund employs a value-based investment approach that combines company-specific research with macroeconomic trend analysis. GEME was launched on Jan 23, 2025 and is issued by Pacific Funds.