Short Interest in SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV) Decreases By 78.0%

SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV) was the recipient of a large decrease in short interest during the month of June. As of June 30th, there was short interest totaling 4,238 shares, a decrease of 78.0% from the June 15th total of 19,267 shares. Based on an average daily volume of 252,383 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

Hedge Funds Weigh In On SPDR S&P Emerging Markets Dividend ETF

Institutional investors have recently bought and sold shares of the company. PNC Financial Services Group Inc. purchased a new position in SPDR S&P Emerging Markets Dividend ETF during the 4th quarter worth $25,000. Bogart Wealth LLC purchased a new stake in shares of SPDR S&P Emerging Markets Dividend ETF in the first quarter valued at about $39,000. Raleigh Capital Management Inc. acquired a new position in shares of SPDR S&P Emerging Markets Dividend ETF during the fourth quarter worth about $40,000. Commonwealth Retirement Investments LLC acquired a new position in shares of SPDR S&P Emerging Markets Dividend ETF during the fourth quarter worth about $43,000. Finally, Trust Co. of Vermont raised its holdings in SPDR S&P Emerging Markets Dividend ETF by 165.1% during the fourth quarter. Trust Co. of Vermont now owns 1,670 shares of the company’s stock worth $65,000 after purchasing an additional 1,040 shares in the last quarter.

SPDR S&P Emerging Markets Dividend ETF Stock Performance

SPDR S&P Emerging Markets Dividend ETF stock traded down $0.22 during mid-day trading on Monday, reaching $41.72. 106,740 shares of the company were exchanged, compared to its average volume of 174,156. The firm has a market cap of $1.23 billion, a PE ratio of 10.27 and a beta of 0.48. The firm’s 50-day simple moving average is $41.28 and its two-hundred day simple moving average is $40.88. SPDR S&P Emerging Markets Dividend ETF has a twelve month low of $37.81 and a twelve month high of $43.49.

About SPDR S&P Emerging Markets Dividend ETF

The SPDR S&P Emerging Markets Dividend ETF (EDIV) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks a yield-weighted index of high-dividend-paying firms in emerging markets. The index screens for 3-year positive earnings growth and profitability. EDIV was launched on Feb 23, 2011 and is managed by State Street.