International Developed Equity Active ETF (NASDAQ:RINT) Sees Significant Decline in Short Interest

International Developed Equity Active ETF (NASDAQ:RINT) was the recipient of a large decrease in short interest in May. As of May 15th, there was short interest totaling 10,128 shares, a decrease of 48.4% from the April 30th total of 19,613 shares. Based on an average daily trading volume, of 16,003 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.2% of the shares of the company are sold short.

Institutional Trading of International Developed Equity Active ETF

An institutional investor recently bought a new position in International Developed Equity Active ETF stock. Rossby Financial LCC bought a new position in shares of International Developed Equity Active ETF (NASDAQ:RINT) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 1,356 shares of the company’s stock, valued at approximately $40,000.

International Developed Equity Active ETF Stock Down 0.2%

Shares of RINT traded down $0.05 during midday trading on Tuesday, reaching $31.70. 9,978 shares of the stock were exchanged, compared to its average volume of 13,951. International Developed Equity Active ETF has a twelve month low of $25.73 and a twelve month high of $32.60. The stock’s 50 day simple moving average is $30.54 and its 200 day simple moving average is $30.05.

International Developed Equity Active ETF Company Profile

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.