SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV) Short Interest Update

SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV) was the recipient of a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 413,440 shares, a growth of 246.7% from the April 30th total of 119,257 shares. Currently, 1.4% of the company’s shares are sold short. Based on an average daily volume of 113,734 shares, the days-to-cover ratio is currently 3.6 days.

SPDR S&P Emerging Markets Dividend ETF Stock Down 0.0%

EDIV stock traded down $0.01 during trading on Friday, hitting $41.40. The company had a trading volume of 45,907 shares, compared to its average volume of 177,977. SPDR S&P Emerging Markets Dividend ETF has a 52-week low of $36.94 and a 52-week high of $43.49. The company has a 50 day simple moving average of $40.61 and a 200-day simple moving average of $40.34. The firm has a market capitalization of $1.23 billion, a P/E ratio of 10.27 and a beta of 0.48.

Institutional Trading of SPDR S&P Emerging Markets Dividend ETF

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

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.