Emerging Markets Equity Select ETF (NASDAQ:RNEM – Get Free Report) was the target of a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 40 shares, an increase of 66.7% from the September 30th total of 24 shares. Based on an average daily volume of 1,826 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s stock are short sold.
Emerging Markets Equity Select ETF Trading Down 0.2%
Shares of NASDAQ:RNEM opened at $55.36 on Monday. The stock has a market capitalization of $16.61 million, a PE ratio of 15.10 and a beta of 0.43. Emerging Markets Equity Select ETF has a 1 year low of $46.90 and a 1 year high of $59.01. The firm has a fifty day moving average price of $56.29 and a 200 day moving average price of $56.08.
Emerging Markets Equity Select ETF Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Thursday, September 24th were given a $0.6346 dividend. This is an increase from Emerging Markets Equity Select ETF’s previous quarterly dividend of $0.3481. This represents a $2.54 dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date of this dividend was Thursday, September 24th.
Emerging Markets Equity Select ETF Company Profile
The First Trust Emerging Markets Equity Select ETF (RNEM) is an exchange-traded fund that is based on the Nasdaq Riskalyze Emerging Markets index. The fund tracks a tier-weighted index of emerging-market stocks selected for low volatility. RNEM was launched on Jun 20, 2017 and is managed by First Trust.
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