Short Interest in Global X MSCI SuperDividend Emerging Markets ETF (NYSEARCA:SDEM) Declines By 89.4%

Global X MSCI SuperDividend Emerging Markets ETF (NYSEARCA:SDEM) was the recipient of a significant drop in short interest during the month of April. As of April 30th, there was short interest totaling 339 shares, a drop of 89.4% from the April 15th total of 3,203 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 5,916 shares, the short-interest ratio is presently 0.1 days.

Global X MSCI SuperDividend Emerging Markets ETF Stock Performance

Shares of Global X MSCI SuperDividend Emerging Markets ETF stock traded down $0.07 on Thursday, hitting $32.41. 5,465 shares of the company traded hands, compared to its average volume of 10,470. The stock has a market capitalization of $45.70 million, a P/E ratio of 8.53 and a beta of 0.51. Global X MSCI SuperDividend Emerging Markets ETF has a 52 week low of $26.15 and a 52 week high of $34.15. The business has a 50-day simple moving average of $32.46 and a 200 day simple moving average of $31.54.

Global X MSCI SuperDividend Emerging Markets ETF Company Profile

The Global X MSCI SuperDividend Emerging Markets ETF (SDEM) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund follows an equal-weighted index of emerging market countries. The index selects stocks by highest dividend yield, excluding those ranking low on price return. SDEM was launched on Mar 17, 2015 and is managed by Global X.