Emerging Markets Equity Select ETF (NASDAQ:RNEM) Stock Short Interest Report for October

Emerging Markets Equity Select ETF (NASDAQ:RNEM) was the recipient of a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 40 shares, an increase of 66.7% from the September 30th total of 24 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,826 shares, the short-interest ratio is currently 0.0 days.

Emerging Markets Equity Select ETF Stock Performance

RNEM opened at $55.69 on Tuesday. The company has a market capitalization of $16.71 million, a PE ratio of 15.10 and a beta of 0.43. The stock’s fifty day moving average is $56.28 and its 200-day moving average is $56.08. Emerging Markets Equity Select ETF has a one year low of $46.90 and a one year high of $59.01.

Emerging Markets Equity Select ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Thursday, September 24th were issued a dividend of $0.6346 per share. This represents a $2.54 annualized dividend and a yield of 4.6%. The ex-dividend date was Thursday, September 24th. This is a boost from Emerging Markets Equity Select ETF’s previous quarterly dividend of $0.3481.

About Emerging Markets Equity Select ETF

The First Trust Emerging Markets Equity Select ETF (RNEM) is an exchange-traded fund that is based on the Nasdaq Riskalyze Emerging Markets index. The fund tracks a tier-weighted index of emerging-market stocks selected for low volatility. RNEM was launched on Jun 20, 2017 and is managed by First Trust.