Pacific NoS Global EM Equity Active ETF (NASDAQ:GEME) Sees Large Increase in Short Interest

Pacific NoS Global EM Equity Active ETF (NASDAQ:GEME) saw a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 86,843 shares, a growth of 439.8% from the June 15th total of 16,087 shares. Based on an average daily trading volume, of 56,388 shares, the short-interest ratio is presently 1.5 days. Currently, 1.0% of the company’s shares are short sold.

Pacific NoS Global EM Equity Active ETF Stock Performance

NASDAQ GEME traded up $0.21 on Friday, hitting $42.40. 21,427 shares of the stock were exchanged, compared to its average volume of 77,382. The stock has a fifty day moving average price of $42.84 and a two-hundred day moving average price of $38.34. The firm has a market capitalization of $364.64 million, a P/E ratio of 10.38 and a beta of 1.02. Pacific NoS Global EM Equity Active ETF has a 52-week low of $27.78 and a 52-week high of $45.99.

Pacific NoS Global EM Equity Active ETF Company Profile

The Pacific North of South EM Equity Active ETF (GEME) is an exchange-traded fund that mostly invests in total market equity. The fund seeks long-term capital appreciation through an actively managed portfolio of emerging market equity and equity-related securities of large- and mid-cap companies. The fund employs a value-based investment approach that combines company-specific research with macroeconomic trend analysis. GEME was launched on Jan 23, 2025 and is issued by Pacific Funds.