Rayliant SMDAM Japan Equity ETF (NYSEARCA:RAYJ) Short Interest Update

Rayliant SMDAM Japan Equity ETF (NYSEARCA:RAYJ) was the recipient of a significant decrease in short interest in July. As of July 15th, there was short interest totaling 900 shares, a decrease of 60.1% from the June 30th total of 2,254 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 2,048 shares, the short-interest ratio is currently 0.4 days.

Rayliant SMDAM Japan Equity ETF Stock Performance

Shares of NYSEARCA:RAYJ remained flat at $37.44 during trading on Wednesday. 13,364 shares of the stock were exchanged, compared to its average volume of 4,879. The company has a market capitalization of $24.34 million, a PE ratio of 20.96 and a beta of 1.06. The firm’s 50-day moving average price is $39.19 and its 200-day moving average price is $37.61. Rayliant SMDAM Japan Equity ETF has a 1 year low of $31.35 and a 1 year high of $41.91.

Institutional Trading of Rayliant SMDAM Japan Equity ETF

A hedge fund recently bought a new stake in Rayliant SMDAM Japan Equity ETF stock. Flow Traders U.S. LLC purchased a new position in Rayliant SMDAM Japan Equity ETF (NYSEARCA:RAYJ) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 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 reporting period.

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.