International Developed Equity Active ETF (NASDAQ:RINT) Sees Significant Increase in Short Interest

International Developed Equity Active ETF (NASDAQ:RINT) saw a significant increase in short interest in May. As of May 29th, there was short interest totaling 23,294 shares, an increase of 130.0% from the May 14th total of 10,128 shares. Currently, 0.6% of the company’s stock are short sold. Based on an average trading volume of 17,870 shares, the short-interest ratio is presently 1.3 days.

International Developed Equity Active ETF Stock Performance

Shares of RINT opened at $31.82 on Monday. International Developed Equity Active ETF has a twelve month low of $25.73 and a twelve month high of $32.60. The company has a 50 day moving average of $31.04 and a two-hundred day moving average of $30.26.

Institutional Investors Weigh In On International Developed Equity Active ETF

An institutional investor recently raised its position in International Developed Equity Active ETF stock. Bank of New York Mellon Corp lifted its stake in shares of International Developed Equity Active ETF (NASDAQ:RINT) by 20.4% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 31,959 shares of the company’s stock after buying an additional 5,424 shares during the period. Bank of New York Mellon Corp owned approximately 0.76% of International Developed Equity Active ETF worth $931,000 at the end of the most recent quarter.

International Developed Equity Active ETF Company Profile

Russell Investments Exchange Traded Funds – International Developed Equity Active ETF is an exchange traded fund launched and managed by Russell Investment Management, LLC. It invests in public equity markets of global ex-US region. The fund invests in stocks of companies operating across diversified sectors. It invests in growth, value and volatility stocks of companies across diversified market capitalization, within the market capitalization range of the MSCI World ex USA Index. The fund employs fundamental and quantitative analysis to create its portfolio.