abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEM) Short Interest Down 77.7% in March

abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEM) was the recipient of a significant drop in short interest in March. As of March 31st, there was short interest totaling 1,448 shares, a drop of 77.7% from the March 15th total of 6,489 shares. Based on an average daily volume of 7,905 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.0% of the shares of the stock are sold short.

abrdn Emerging Markets Dividend Active ETF Trading Up 0.4%

AGEM opened at $43.38 on Friday. The firm has a market cap of $273.73 million, a P/E ratio of 13.90 and a beta of 0.98. abrdn Emerging Markets Dividend Active ETF has a 12 month low of $24.21 and a 12 month high of $45.76. The stock has a 50-day moving average of $42.44 and a 200 day moving average of $39.86.

abrdn Emerging Markets Dividend Active ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Tuesday, March 24th were paid a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend was Tuesday, March 24th.

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 bought a new position in shares of abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEM) in the fourth quarter, according to the company in its most recent 13F filing 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 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.