Short Interest in abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEM) Declines By 28.4%

abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEM) was the recipient of a significant decrease in short interest during the month of February. As of February 27th, there was short interest totaling 10,381 shares, a decrease of 28.4% from the February 12th total of 14,505 shares. Based on an average trading volume of 10,292 shares, the days-to-cover ratio is currently 1.0 days. Currently, 0.2% of the shares of the stock are sold short. Currently, 0.2% of the shares of the stock are sold short. Based on an average trading volume of 10,292 shares, the days-to-cover ratio is currently 1.0 days.

Institutional Investors Weigh In On abrdn Emerging Markets Dividend Active ETF

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

abrdn Emerging Markets Dividend Active ETF Stock Performance

AGEM opened at $40.92 on Friday. The stock has a market capitalization of $225.47 million, a price-to-earnings ratio of 13.90 and a beta of 1.43. The company has a fifty day moving average of $42.40 and a 200 day moving average of $39.13. abrdn Emerging Markets Dividend Active ETF has a fifty-two week low of $24.21 and a fifty-two week high of $45.76.

abrdn Emerging Markets Dividend Active ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Friday, December 19th were given a dividend of $0.1707 per share. The ex-dividend date was Friday, December 19th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.7%.

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.