abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEM) Short Interest Update

abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEM) saw a large decrease in short interest in the month of July. As of July 15th, there was short interest totaling 1,053 shares, a decrease of 68.4% from the June 30th total of 3,328 shares. Based on an average daily volume of 9,201 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are sold short.

Institutional Trading of 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 purchased a new position in abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEM) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 2,157 shares of the company’s stock, valued at approximately $83,000.

abrdn Emerging Markets Dividend Active ETF Price Performance

Shares of NASDAQ:AGEM opened at $46.58 on Tuesday. The firm has a market capitalization of $342.83 million, a PE ratio of 13.90 and a beta of 1.00. The business has a 50 day simple moving average of $48.35 and a two-hundred day simple moving average of $45.00. abrdn Emerging Markets Dividend Active ETF has a 1 year low of $33.44 and a 1 year high of $51.50.

abrdn Emerging Markets Dividend Active ETF Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Tuesday, June 23rd were paid a $0.2716 dividend. The ex-dividend date was Tuesday, June 23rd. This represents a $1.09 dividend on an annualized basis and a yield of 2.3%.

About abrdn Emerging Markets Dividend Active ETF

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.