Pacific NoS Global EM Equity Active ETF (NASDAQ:GEME) Shares Shorted: Short Interest Up 169.4% in October

Pacific NoS Global EM Equity Active ETF (NASDAQ:GEME) saw a significant increase in short interest in the month of October. As of October 30th, there was short interest totaling 176,918 shares, an increase of 169.4% from the October 15th total of 65,681 shares. Based on an average trading volume of 41,828 shares, the days-to-cover ratio is presently 4.2 days. Currently, 1.5% of the shares of the stock are short sold.

Institutional Trading of Pacific NoS Global EM Equity Active ETF

A hedge fund recently bought a new position in Pacific NoS Global EM Equity Active ETF stock. Wavvest Wealth LLC acquired a new position in shares of Pacific NoS Global EM Equity Active ETF (NASDAQ:GEME) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 23,255 shares of the company’s stock, valued at approximately $958,000. Wavvest Wealth LLC owned approximately 0.20% of Pacific NoS Global EM Equity Active ETF at the end of the most recent quarter.

Pacific NoS Global EM Equity Active ETF Stock Performance

Shares of NASDAQ GEME opened at $37.93 on Friday. The firm has a market capitalization of $462.75 million, a P/E ratio of 10.17 and a beta of 1.13. Pacific NoS Global EM Equity Active ETF has a one year low of $31.13 and a one year high of $45.99. The company’s fifty day moving average is $40.10 and its two-hundred day moving average is $40.00.

About Pacific NoS Global EM Equity Active ETF

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.