Rayliant SMDAM Japan Equity ETF (NYSEARCA:RAYJ) Short Interest Down 55.5% in June

Rayliant SMDAM Japan Equity ETF (NYSEARCA:RAYJ) saw a significant decline in short interest in June. As of June 15th, there was short interest totaling 2,423 shares, a decline of 55.5% from the May 31st total of 5,447 shares. Approximately 0.4% of the shares of the stock are short sold. Based on an average trading volume of 2,946 shares, the short-interest ratio is currently 0.8 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Rayliant SMDAM Japan Equity ETF stock. Flow Traders U.S. LLC purchased a new position in Rayliant SMDAM Japan Equity ETF (NYSEARCA:RAYJ) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 6,390 shares of the company’s stock, valued at approximately $204,000. Flow Traders U.S. LLC owned 1.42% of Rayliant SMDAM Japan Equity ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Rayliant SMDAM Japan Equity ETF Trading Down 0.0%

Rayliant SMDAM Japan Equity ETF stock opened at $39.83 on Monday. The firm’s 50 day simple moving average is $39.51 and its 200 day simple moving average is $36.88. The firm has a market capitalization of $25.89 million, a PE ratio of 20.96 and a beta of 1.08. Rayliant SMDAM Japan Equity ETF has a 1-year low of $30.58 and a 1-year high of $41.91.

About Rayliant SMDAM Japan Equity ETF

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.