Pacific NoS Global EM Equity Active ETF (NASDAQ:GEME) Short Interest Down 60.0% in May

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

Pacific NoS Global EM Equity Active ETF Stock Performance

NASDAQ:GEME opened at $42.59 on Friday. The business’s 50-day moving average is $40.43 and its 200 day moving average is $36.88. Pacific NoS Global EM Equity Active ETF has a 12 month low of $26.65 and a 12 month high of $45.99. The company has a market capitalization of $293.87 million, a P/E ratio of 10.38 and a beta of 1.00.

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.