Short Interest in abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEM) Rises By 2,108.0%

abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEM) was the recipient of a significant increase in short interest during the month of June. As of June 15th, there was short interest totaling 2,760 shares, an increase of 2,108.0% from the May 31st total of 125 shares. Based on an average trading volume of 46,241 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

Institutional Trading of abrdn Emerging Markets Dividend Active ETF

An institutional investor recently bought a new stake 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:AGEM) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 2,157 shares of the company’s stock, valued at approximately $83,000.

abrdn Emerging Markets Dividend Active ETF Price Performance

Shares of AGEM stock opened at $49.23 on Friday. The stock has a 50-day moving average of $47.79 and a 200-day moving average of $43.56. abrdn Emerging Markets Dividend Active ETF has a one year low of $32.87 and a one year high of $51.50. The stock has a market cap of $350.03 million, a PE ratio of 13.90 and a beta of 1.00.

abrdn Emerging Markets Dividend Active ETF Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Tuesday, June 23rd will be issued a $0.2716 dividend. This represents a $1.09 annualized dividend and a dividend yield of 2.2%. The ex-dividend date is Tuesday, June 23rd.

abrdn Emerging Markets Dividend Active ETF Company Profile

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.