Rayliant SMDAM Japan Equity ETF (NYSEARCA:RAYJ) Short Interest Update
by Amy Steele · The Cerbat GemRayliant SMDAM Japan Equity ETF (NYSEARCA:RAYJ – Get Free Report) was the target of a large decline in short interest during the month of April. As of April 30th, there was short interest totaling 6,752 shares, a decline of 50.9% from the April 15th total of 13,764 shares. Approximately 1.0% of the shares of the company are short sold. Based on an average trading volume of 3,747 shares, the days-to-cover ratio is presently 1.8 days.
Rayliant SMDAM Japan Equity ETF Stock Down 2.7%
Shares of RAYJ stock traded down $1.09 during trading on Friday, reaching $39.45. 9,986 shares of the company’s stock were exchanged, compared to its average volume of 5,988. The stock has a market capitalization of $25.64 million, a PE ratio of 20.96 and a beta of 1.08. Rayliant SMDAM Japan Equity ETF has a twelve month low of $28.86 and a twelve month high of $41.68. The firm’s fifty day moving average price is $37.03 and its 200-day moving average price is $35.66.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in Rayliant SMDAM Japan Equity ETF stock. Flow Traders U.S. LLC bought a new position in shares of Rayliant SMDAM Japan Equity ETF (NYSEARCA:RAYJ – Free Report) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund bought 6,390 shares of the company’s stock, valued at approximately $204,000. Flow Traders U.S. LLC owned about 1.42% of Rayliant SMDAM Japan Equity ETF at the end of the most recent quarter.
Rayliant SMDAM Japan Equity ETF Company Profile
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.