Short Interest in Emerging Markets Equity Select ETF (NASDAQ:RNEM) Expands By ∞

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

Emerging Markets Equity Select ETF Price Performance

NASDAQ:RNEM traded up $0.06 during trading hours on Monday, hitting $54.89. The company had a trading volume of 7,381 shares, compared to its average volume of 1,590. The company has a market capitalization of $16.47 million, a PE ratio of 15.10 and a beta of 0.46. The stock has a 50-day moving average price of $55.49 and a 200 day moving average price of $55.97. Emerging Markets Equity Select ETF has a 52 week low of $46.90 and a 52 week high of $59.01.

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.