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

Pacific NoS Global EM Equity Active ETF (NASDAQ:GEME) saw a significant drop in short interest during the month of June. As of June 15th, there was short interest totaling 16,087 shares, a drop of 38.4% from the May 31st total of 26,099 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 60,277 shares, the days-to-cover ratio is presently 0.3 days.

Pacific NoS Global EM Equity Active ETF Stock Performance

Shares of GEME traded down $0.74 during midday trading on Thursday, hitting $41.76. 39,256 shares of the stock traded hands, compared to its average volume of 79,092. The business’s 50 day moving average price is $42.37 and its two-hundred day moving average price is $37.93. The firm has a market capitalization of $359.14 million, a PE ratio of 10.38 and a beta of 1.02. Pacific NoS Global EM Equity Active ETF has a 1-year low of $27.57 and a 1-year high of $45.99.

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.