Short Interest in abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEM) Declines By 68.4%

abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEM) saw a significant drop in short interest during the month of July. As of July 15th, there was short interest totaling 1,053 shares, a drop of 68.4% from the June 30th total of 3,328 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 9,201 shares, the days-to-cover ratio is presently 0.1 days.

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 position in shares of abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEM) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 2,157 shares of the company’s stock, valued at approximately $83,000.

abrdn Emerging Markets Dividend Active ETF Stock Performance

Shares of abrdn Emerging Markets Dividend Active ETF stock traded up $0.15 during trading hours on Monday, hitting $46.58. The company’s stock had a trading volume of 10,518 shares, compared to its average volume of 23,821. abrdn Emerging Markets Dividend Active ETF has a twelve month low of $33.44 and a twelve month high of $51.50. The firm has a fifty day moving average of $48.36 and a 200-day moving average of $44.96. The stock has a market cap of $342.83 million, a price-to-earnings ratio of 13.90 and a beta of 1.00.

abrdn Emerging Markets Dividend Active ETF Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Tuesday, June 23rd were given a dividend of $0.2716 per share. This represents a $1.09 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend was Tuesday, June 23rd.

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.