Emerging Markets Equity Active ETF (NASDAQ:REMG) Short Interest Up 869.2% in May

Emerging Markets Equity Active ETF (NASDAQ:REMG) saw a large increase in short interest in the month of May. As of May 15th, there was short interest totaling 19,404 shares, an increase of 869.2% from the April 30th total of 2,002 shares. Based on an average trading volume of 9,264 shares, the short-interest ratio is currently 2.1 days. Currently, 0.7% of the shares of the stock are short sold.

Emerging Markets Equity Active ETF Price Performance

REMG stock opened at $37.72 on Friday. The company has a 50 day simple moving average of $33.96 and a 200 day simple moving average of $32.01. The stock has a market cap of $105.62 million, a price-to-earnings ratio of 12.01 and a beta of 2.58. Emerging Markets Equity Active ETF has a 1 year low of $24.02 and a 1 year high of $38.02.

Hedge Funds Weigh In On Emerging Markets Equity Active ETF

A hedge fund recently raised its stake in Emerging Markets Equity Active ETF stock. Bank of New York Mellon Corp raised its holdings in Emerging Markets Equity Active ETF (NASDAQ:REMG) by 12.8% in the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 19,163 shares of the company’s stock after acquiring an additional 2,180 shares during the quarter. Bank of New York Mellon Corp owned approximately 0.68% of Emerging Markets Equity Active ETF worth $590,000 as of its most recent SEC filing.

About Emerging Markets Equity Active ETF

The Emerging Markets Equity Active ETF (REMG) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed ETF that employs a multi-manager, multi-style investment approach, investing in companies of various market capitalizations from emerging market countries. REMG was launched on May 29, 2025 and is issued by Russell Investments.