Short Interest in abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEM) Drops By 71.8%

abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEMGet Free Report) was the target of a large decline in short interest in the month of May. As of May 15th, there was short interest totaling 84 shares, a decline of 71.8% from the April 30th total of 298 shares. Based on an average trading volume of 7,403 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

abrdn Emerging Markets Dividend Active ETF Price Performance

Shares of NASDAQ:AGEM traded down $0.25 during midday trading on Friday, reaching $49.10. 14,454 shares of the company’s stock were exchanged, compared to its average volume of 25,723. The firm’s 50 day simple moving average is $44.78 and its two-hundred day simple moving average is $41.97. The stock has a market cap of $349.10 million, a price-to-earnings ratio of 13.90 and a beta of 1.00. abrdn Emerging Markets Dividend Active ETF has a fifty-two week low of $29.19 and a fifty-two week high of $49.52.

abrdn Emerging Markets Dividend Active ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Tuesday, March 24th were given a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend was Tuesday, March 24th.

Institutional Trading of abrdn Emerging Markets Dividend Active ETF

A hedge fund recently bought a new stake in abrdn Emerging Markets Dividend Active ETF stock. Bartlett & CO. Wealth Management LLC acquired a new position in shares of abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEMFree Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 2,157 shares of the company’s stock, valued at approximately $83,000.

About abrdn Emerging Markets Dividend Active ETF

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The abrdn Emerging Markets Dividend Active ETF (AGEM) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund actively invests in dividend paying companies from emerging markets, selected based on proprietary quality and fundamental factors. AGEM was launched on Feb 18, 2025 and is issued by Abrdn.

Further Reading

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