Short Interest in International Developed Equity Active ETF (NASDAQ:RINT) Drops By 48.4%

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

International Developed Equity Active ETF Stock Down 0.7%

RINT stock traded down $0.23 during mid-day trading on Monday, reaching $31.52. 4,425 shares of the company traded hands, compared to its average volume of 13,896. International Developed Equity Active ETF has a 52-week low of $25.73 and a 52-week high of $32.60. The company has a fifty day moving average price of $30.48 and a 200-day moving average price of $30.02.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in International Developed Equity Active ETF stock. Rossby Financial LCC acquired a new position in shares of International Developed Equity Active ETF (NASDAQ:RINT) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 1,356 shares of the company’s stock, valued at approximately $40,000.

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.