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) saw a large decline in short interest in 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. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 7,403 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Investors Weigh In On abrdn Emerging Markets Dividend Active ETF

An institutional investor recently bought a new position in abrdn Emerging Markets Dividend Active ETF stock. Bartlett & CO. Wealth Management LLC bought a new position in shares of abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEMFree Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 2,157 shares of the company’s stock, valued at approximately $83,000.

abrdn Emerging Markets Dividend Active ETF Stock Down 0.5%

abrdn Emerging Markets Dividend Active ETF stock opened at $49.10 on Friday. abrdn Emerging Markets Dividend Active ETF has a 52-week low of $29.19 and a 52-week high of $49.52. The firm has a market capitalization of $349.10 million, a price-to-earnings ratio of 13.90 and a beta of 1.00. The company has a fifty day simple moving average of $44.78 and a 200-day simple moving average of $41.97.

abrdn Emerging Markets Dividend Active ETF Cuts Dividend

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

abrdn Emerging Markets Dividend Active ETF Company Profile

(Get Free Report)

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.

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