Global X MSCI SuperDividend Emerging Markets ETF (NYSEARCA:SDEM – Get Free Report) saw a large growth in short interest in February. As of February 27th, there was short interest totaling 13,955 shares, a growth of 15.0% from the February 12th total of 12,138 shares. Based on an average daily trading volume, of 10,868 shares, the days-to-cover ratio is currently 1.3 days. Approximately 1.0% of the shares of the company are short sold. Approximately 1.0% of the shares of the company are short sold. Based on an average daily trading volume, of 10,868 shares, the days-to-cover ratio is currently 1.3 days.
Global X MSCI SuperDividend Emerging Markets ETF Stock Performance
Shares of NYSEARCA:SDEM opened at $31.27 on Thursday. The firm has a market cap of $45.65 million, a price-to-earnings ratio of 8.53 and a beta of 0.62. The business has a 50-day simple moving average of $32.46 and a two-hundred day simple moving average of $30.31. Global X MSCI SuperDividend Emerging Markets ETF has a fifty-two week low of $23.24 and a fifty-two week high of $33.98.
Global X MSCI SuperDividend Emerging Markets ETF Increases Dividend
The business also recently disclosed a monthly dividend, which was paid on Wednesday, February 11th. Stockholders of record on Wednesday, February 4th were issued a dividend of $0.1438 per share. The ex-dividend date of this dividend was Wednesday, February 4th. This is a positive change from Global X MSCI SuperDividend Emerging Markets ETF’s previous monthly dividend of $0.14. This represents a c) annualized dividend and a dividend yield of 5.5%.
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.
Further Reading
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