International Developed Equity Active ETF (NASDAQ:RINT) Short Interest Up 130.0% in May

International Developed Equity Active ETF (NASDAQ:RINT) was the target of a large growth in short interest in May. As of May 29th, there was short interest totaling 23,294 shares, a growth of 130.0% from the May 14th total of 10,128 shares. Based on an average daily trading volume, of 17,870 shares, the short-interest ratio is presently 1.3 days. Approximately 0.6% of the shares of the stock are sold short.

International Developed Equity Active ETF Trading Up 0.3%

Shares of RINT stock opened at $31.82 on Friday. International Developed Equity Active ETF has a 52-week low of $25.73 and a 52-week high of $32.60. The stock has a fifty day simple moving average of $31.04 and a two-hundred day simple moving average of $30.24.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in International Developed Equity Active ETF stock. Rossby Financial LCC purchased a new stake in International Developed Equity Active ETF (NASDAQ:RINT) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 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.