abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEM) Short Interest Down 37.5% in March

abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEMGet Free Report) saw a significant decrease in short interest in March. As of March 13th, there was short interest totaling 6,489 shares, a decrease of 37.5% from the February 26th total of 10,381 shares. Based on an average daily trading volume, of 14,322 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.1% 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 bought a new stake in abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEMFree Report) 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 Price Performance

abrdn Emerging Markets Dividend Active ETF stock opened at $39.73 on Friday. abrdn Emerging Markets Dividend Active ETF has a fifty-two week low of $24.21 and a fifty-two week high of $45.76. The firm’s 50 day simple moving average is $42.53 and its 200-day simple moving average is $39.54. The company has a market cap of $218.91 million, a P/E ratio of 13.90 and a beta of 1.43.

abrdn Emerging Markets Dividend Active ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Tuesday, March 24th were paid a $0.17 dividend. The ex-dividend date of this dividend was Tuesday, March 24th. This represents a $0.68 dividend on an annualized basis and a yield of 1.7%.

About abrdn Emerging Markets Dividend Active ETF

(Get Free Report)

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.

Further Reading

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