Rayliant Quantitative Developed Market Equity ETF (NYSEARCA:RAYD) Short Interest Down 28.9% in December

Rayliant Quantitative Developed Market Equity ETF (NYSEARCA:RAYD) saw a significant decrease in short interest in the month of December. As of December 15th, there was short interest totaling 1,933 shares, a decrease of 28.9% from the November 30th total of 2,719 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 4,888 shares, the short-interest ratio is currently 0.4 days. Based on an average daily volume of 4,888 shares, the short-interest ratio is currently 0.4 days. Approximately 0.1% of the company’s stock are sold short.

Rayliant Quantitative Developed Market Equity ETF Stock Performance

Shares of RAYD traded down $0.16 during mid-day trading on Monday, reaching $38.08. The company had a trading volume of 9,815 shares, compared to its average volume of 11,818. The firm has a 50-day moving average price of $37.68 and a 200 day moving average price of $37.00. Rayliant Quantitative Developed Market Equity ETF has a 52 week low of $28.13 and a 52 week high of $41.40. The company has a market capitalization of $105.85 million, a price-to-earnings ratio of 20.25 and a beta of 0.86.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Rayliant Quantitative Developed Market Equity ETF stock. Flow Traders U.S. LLC raised its stake in shares of Rayliant Quantitative Developed Market Equity ETF (NYSEARCA:RAYD) by 53.1% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,237 shares of the company’s stock after purchasing an additional 5,631 shares during the period. Flow Traders U.S. LLC owned 0.60% of Rayliant Quantitative Developed Market Equity ETF worth $583,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

About Rayliant Quantitative Developed Market Equity ETF

The Rayliant Quantitative Developed Market Equity ETF (RAYD) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed portfolio of developed market equities that are selected and weighted with the aid of quantitative data models. RAYD was launched on Dec 15, 2021 and is managed by Rayliant.