abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEM) Short Interest Update

abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEM) saw a significant increase in short interest in June. As of June 15th, there was short interest totaling 2,760 shares, an increase of 2,108.0% from the May 31st total of 125 shares. Based on an average daily volume of 46,241 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

abrdn Emerging Markets Dividend Active ETF Price Performance

AGEM opened at $48.71 on Friday. The firm has a market capitalization of $346.33 million, a PE ratio of 13.90 and a beta of 1.00. The business’s 50-day moving average is $47.87 and its two-hundred day moving average is $43.60. abrdn Emerging Markets Dividend Active ETF has a 1 year low of $32.87 and a 1 year high of $51.50.

abrdn Emerging Markets Dividend Active ETF Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Tuesday, June 23rd were issued a $0.2716 dividend. This represents a $1.09 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date was Tuesday, June 23rd.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in abrdn Emerging Markets Dividend Active ETF stock. Bartlett & CO. Wealth Management LLC bought a new stake in shares of abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEM) in the fourth quarter, according to the company in its most recent Form 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.