ProShares MSCI Emerging Markets Dividend Growers ETF (BATS:EMDV) Short Interest Update

ProShares MSCI Emerging Markets Dividend Growers ETF (BATS:EMDV) was the recipient of a significant growth in short interest in June. As of June 30th, there was short interest totaling 284 shares, a growth of 153.6% from the June 15th total of 112 shares. Based on an average daily trading volume, of 203 shares, the days-to-cover ratio is presently 1.4 days. Approximately 0.2% of the shares of the stock are sold short.

ProShares MSCI Emerging Markets Dividend Growers ETF Stock Performance

Shares of BATS:EMDV opened at $45.57 on Tuesday. The firm has a market cap of $7.97 million, a price-to-earnings ratio of 12.95 and a beta of 0.49. The firm has a fifty day moving average price of $46.47 and a 200 day moving average price of $46.75. ProShares MSCI Emerging Markets Dividend Growers ETF has a fifty-two week low of $44.31 and a fifty-two week high of $48.73.

Institutional Inflows and Outflows

An institutional investor recently raised its position in ProShares MSCI Emerging Markets Dividend Growers ETF stock. Nations Financial Group Inc. IA ADV grew its position in shares of ProShares MSCI Emerging Markets Dividend Growers ETF (BATS:EMDV) by 3.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 19,328 shares of the company’s stock after purchasing an additional 582 shares during the period. Nations Financial Group Inc. IA ADV owned approximately 11.04% of ProShares MSCI Emerging Markets Dividend Growers ETF worth $885,000 at the end of the most recent reporting period.

About ProShares MSCI Emerging Markets Dividend Growers ETF

The ProShares MSCI Emerging Markets Dividend Growers ETF (EMDV) is an exchange-traded fund that is based on the MSCI EM Dividend Masters index. The fund tracks an index composed of companies in the MSCI Emerging Markets Index that have consistent dividend growth for seven years. EMDV was launched on Jan 25, 2016 and is managed by ProShares.