Short Interest in Rayliant Quantitative Developed Market Equity ETF (NYSEARCA:RAYD) Declines By 35.3%

Rayliant Quantitative Developed Market Equity ETF (NYSEARCA:RAYDGet Free Report) was the recipient of a significant decrease in short interest during the month of September. As of September 15th, there was short interest totaling 5,500 shares, a decrease of 35.3% from the August 31st total of 8,500 shares. Based on an average daily trading volume, of 5,700 shares, the days-to-cover ratio is currently 1.0 days. Based on an average daily trading volume, of 5,700 shares, the days-to-cover ratio is currently 1.0 days.

Rayliant Quantitative Developed Market Equity ETF Stock Up 0.2%

Shares of RAYD opened at $38.04 on Tuesday. Rayliant Quantitative Developed Market Equity ETF has a twelve month low of $28.13 and a twelve month high of $38.23. The company has a market capitalization of $104.61 million, a P/E ratio of 20.25 and a beta of 0.90. The firm has a 50 day moving average of $37.05 and a 200 day moving average of $35.03.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Rayliant Quantitative Developed Market Equity ETF stock. Flow Traders U.S. LLC increased its holdings in shares of Rayliant Quantitative Developed Market Equity ETF (NYSEARCA:RAYDFree Report) by 53.1% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 16,237 shares of the company’s stock after purchasing an additional 5,631 shares during the quarter. 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).

Rayliant Quantitative Developed Market Equity ETF Company Profile

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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.

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