International Developed Equity Active ETF (NASDAQ:RINT) Short Interest Update

International Developed Equity Active ETF (NASDAQ:RINT) saw a large drop in short interest in July. As of July 31st, there was short interest totaling 10,363 shares, a drop of 60.5% from the July 15th total of 26,217 shares. Based on an average trading volume of 20,247 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.2% of the shares of the stock are short sold.

International Developed Equity Active ETF Stock Up 0.2%

Shares of RINT opened at $33.31 on Friday. International Developed Equity Active ETF has a 12-month low of $27.05 and a 12-month high of $35.93. The business has a 50-day simple moving average of $32.07 and a two-hundred day simple moving average of $31.15.

Institutional Investors Weigh In On International Developed Equity Active ETF

An institutional investor recently raised its stake in International Developed Equity Active ETF stock. Bank of New York Mellon Corp raised its holdings in International Developed Equity Active ETF (NASDAQ:RINT) by 20.4% in the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 31,959 shares of the company’s stock after acquiring an additional 5,424 shares during the quarter. Bank of New York Mellon Corp owned approximately 0.76% of International Developed Equity Active ETF worth $931,000 as of its most recent SEC filing.

About International Developed Equity Active ETF

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.