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

Pacific NoS Global EM Equity Active ETF (NASDAQ:GEME) was the target of a significant decline in short interest during the month of May. As of May 29th, there was short interest totaling 26,099 shares, a decline of 60.0% from the May 14th total of 65,200 shares. Approximately 0.4% of the company’s shares are sold short. Based on an average daily volume of 76,791 shares, the short-interest ratio is currently 0.3 days.

Pacific NoS Global EM Equity Active ETF Trading Up 1.3%

Shares of NASDAQ:GEME traded up $0.54 on Friday, reaching $43.13. 33,473 shares of the company traded hands, compared to its average volume of 81,577. The business’s 50-day simple moving average is $40.60 and its 200 day simple moving average is $36.96. Pacific NoS Global EM Equity Active ETF has a 52 week low of $26.65 and a 52 week high of $45.99. The stock has a market capitalization of $297.60 million, a P/E ratio of 10.38 and a beta of 1.00.

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.