SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV) Short Interest Down 60.3% in June

SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV) was the recipient of a large decline in short interest during the month of June. As of June 15th, there was short interest totaling 19,267 shares, a decline of 60.3% from the May 31st total of 48,517 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 101,569 shares, the days-to-cover ratio is presently 0.2 days.

SPDR S&P Emerging Markets Dividend ETF Stock Performance

SPDR S&P Emerging Markets Dividend ETF stock traded up $0.34 during trading hours on Monday, reaching $40.90. 63,475 shares of the company’s stock traded hands, compared to its average volume of 178,262. The firm has a market capitalization of $1.22 billion, a price-to-earnings ratio of 10.27 and a beta of 0.48. SPDR S&P Emerging Markets Dividend ETF has a fifty-two week low of $37.81 and a fifty-two week high of $43.49. The firm’s 50 day moving average is $41.22 and its 200-day moving average is $40.73.

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

Several large investors have recently bought and sold shares of the business. Bank of America Corp DE boosted its stake in SPDR S&P Emerging Markets Dividend ETF by 76.8% in the first quarter. Bank of America Corp DE now owns 1,757,472 shares of the company’s stock valued at $69,385,000 after acquiring an additional 763,194 shares during the last quarter. Centaurus Financial Inc. raised its position in shares of SPDR S&P Emerging Markets Dividend ETF by 6.1% during the 1st quarter. Centaurus Financial Inc. now owns 207,668 shares of the company’s stock valued at $8,199,000 after acquiring an additional 11,898 shares during the last quarter. Royal Bank of Canada lifted its stake in shares of SPDR S&P Emerging Markets Dividend ETF by 7.9% in the 1st quarter. Royal Bank of Canada now owns 386,601 shares of the company’s stock valued at $15,263,000 after purchasing an additional 28,451 shares during the period. Cetera Investment Advisers boosted its position in shares of SPDR S&P Emerging Markets Dividend ETF by 3.9% in the 1st quarter. Cetera Investment Advisers now owns 1,523,559 shares of the company’s stock worth $60,150,000 after purchasing an additional 56,815 shares during the last quarter. Finally, Summit Global Investments boosted its position in shares of SPDR S&P Emerging Markets Dividend ETF by 14.0% in the 1st quarter. Summit Global Investments now owns 71,161 shares of the company’s stock worth $2,809,000 after purchasing an additional 8,715 shares during the last quarter.

SPDR S&P Emerging Markets Dividend ETF Company Profile

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.