Emerging Markets Equity Select ETF (NASDAQ:RNEM) Short Interest Update

Emerging Markets Equity Select ETF (NASDAQ:RNEM) was the recipient of a large growth in short interest in the month of April. As of April 30th, there was short interest totaling 117 shares, a growth of ∞ from the April 15th total of 0 shares. Based on an average trading volume of 787 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

Emerging Markets Equity Select ETF Stock Performance

RNEM traded down $0.84 during trading on Friday, reaching $54.86. 344 shares of the company’s stock were exchanged, compared to its average volume of 1,528. The company’s fifty day moving average price is $55.49 and its 200-day moving average price is $55.97. Emerging Markets Equity Select ETF has a fifty-two week low of $46.90 and a fifty-two week high of $59.01. The firm has a market capitalization of $16.46 million, a PE ratio of 15.10 and a beta of 0.46.

Emerging Markets Equity Select ETF Company Profile

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.