Emerging Markets Equity Active ETF (NASDAQ:REMG) Short Interest Down 42.8% in April

Emerging Markets Equity Active ETF (NASDAQ:REMG) was the recipient of a significant drop in short interest in the month of April. As of April 30th, there was short interest totaling 2,002 shares, a drop of 42.8% from the April 15th total of 3,500 shares. Based on an average daily volume of 7,354 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the shares of the stock are sold short.

Emerging Markets Equity Active ETF Stock Down 0.7%

Shares of NASDAQ REMG traded down $0.24 during midday trading on Monday, hitting $35.32. The company had a trading volume of 10,254 shares, compared to its average volume of 8,851. Emerging Markets Equity Active ETF has a twelve month low of $24.02 and a twelve month high of $37.13. The business has a 50-day simple moving average of $33.00 and a two-hundred day simple moving average of $31.55. The firm has a market capitalization of $98.90 million, a price-to-earnings ratio of 12.01 and a beta of 2.18.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Emerging Markets Equity Active ETF stock. Bank of New York Mellon Corp raised its stake in Emerging Markets Equity Active ETF (NASDAQ:REMG) by 12.8% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 19,163 shares of the company’s stock after buying an additional 2,180 shares during the period. Bank of New York Mellon Corp owned approximately 0.68% of Emerging Markets Equity Active ETF worth $590,000 at the end of the most recent reporting period.

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.