Short Interest in Global X MSCI SuperDividend Emerging Markets ETF (NYSEARCA:SDEM) Decreases By 66.1%

Global X MSCI SuperDividend Emerging Markets ETF (NYSEARCA:SDEM) saw a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 1,190 shares, a decrease of 66.1% from the July 15th total of 3,509 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 3,006 shares, the short-interest ratio is currently 0.4 days.

Global X MSCI SuperDividend Emerging Markets ETF Stock Down 0.7%

Shares of NYSEARCA SDEM traded down $0.23 during trading on Friday, hitting $32.36. The company had a trading volume of 2,174 shares, compared to its average volume of 7,543. The stock has a fifty day simple moving average of $32.55 and a two-hundred day simple moving average of $32.62. Global X MSCI SuperDividend Emerging Markets ETF has a fifty-two week low of $27.08 and a fifty-two week high of $34.15. The firm has a market capitalization of $43.69 million, a price-to-earnings ratio of 8.53 and a beta of 0.51.

About Global X MSCI SuperDividend Emerging Markets ETF

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.