Global X MSCI SuperDividend Emerging Markets ETF (NYSEARCA:SDEM) Short Interest Update

Global X MSCI SuperDividend Emerging Markets ETF (NYSEARCA:SDEM) was the recipient of a significant decrease in short interest in February. As of February 13th, there was short interest totaling 12,138 shares, a decrease of 15.7% from the January 29th total of 14,394 shares. Based on an average daily volume of 8,153 shares, the short-interest ratio is presently 1.5 days. Currently, 0.8% of the shares of the stock are sold short. Currently, 0.8% of the shares of the stock are sold short. Based on an average daily volume of 8,153 shares, the short-interest ratio is presently 1.5 days.

Global X MSCI SuperDividend Emerging Markets ETF Trading Down 0.1%

NYSEARCA SDEM opened at $32.39 on Thursday. Global X MSCI SuperDividend Emerging Markets ETF has a 1-year low of $23.24 and a 1-year high of $33.98. The company has a market capitalization of $47.29 million, a price-to-earnings ratio of 8.53 and a beta of 0.62. The stock’s 50 day moving average is $32.17 and its two-hundred day moving average is $30.06.

Global X MSCI SuperDividend Emerging Markets ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, February 11th. Stockholders of record on Wednesday, February 4th were paid a $0.1438 dividend. The ex-dividend date was Wednesday, February 4th. This represents a c) annualized dividend and a dividend yield of 5.3%. This is a boost from Global X MSCI SuperDividend Emerging Markets ETF’s previous monthly dividend of $0.14.

About Global X MSCI SuperDividend Emerging Markets ETF

The Global X MSCI SuperDividend Emerging Markets ETF (SDEM) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund follows an equal-weighted index of emerging market countries. The index selects stocks by highest dividend yield, excluding those ranking low on price return. SDEM was launched on Mar 17, 2015 and is managed by Global X.