Emerging Markets Equity Active ETF (NASDAQ:REMG – Get Free Report) saw a significant drop in short interest in the month of August. As of August 14th, there was short interest totaling 14,956 shares, a drop of 53.9% from the July 30th total of 32,439 shares. Approximately 0.5% of the company’s shares are sold short. Based on an average daily trading volume, of 8,466 shares, the days-to-cover ratio is presently 1.8 days.
Emerging Markets Equity Active ETF Stock Down 0.4%
Shares of REMG traded down $0.16 during trading on Friday, reaching $36.78. 8,229 shares of the company traded hands, compared to its average volume of 12,076. The stock has a 50-day simple moving average of $36.02 and a 200-day simple moving average of $34.80. The stock has a market cap of $117.70 million, a PE ratio of 12.01 and a beta of 1.40. Emerging Markets Equity Active ETF has a twelve month low of $26.69 and a twelve month high of $38.96.
Hedge Funds Weigh In On Emerging Markets Equity Active ETF
An institutional investor recently raised its position in Emerging Markets Equity Active ETF stock. Bank of New York Mellon Corp boosted its stake in Emerging Markets Equity Active ETF (NASDAQ:REMG – Free Report) by 12.8% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 19,163 shares of the company’s stock after purchasing an additional 2,180 shares during the period. Bank of New York Mellon Corp owned about 0.68% of Emerging Markets Equity Active ETF worth $590,000 at the end of the most recent quarter.
Emerging Markets Equity Active ETF Company Profile
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.
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