abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEM) Sees Large Growth in Short Interest

abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEM) saw a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 1,546 shares, a growth of 596.4% from the July 30th total of 222 shares. Based on an average trading volume of 7,486 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the company’s shares are sold short.

abrdn Emerging Markets Dividend Active ETF Stock Down 0.1%

NASDAQ:AGEM opened at $49.46 on Friday. The firm’s fifty day simple moving average is $48.18 and its 200 day simple moving average is $46.11. The stock has a market cap of $364.03 million, a P/E ratio of 13.90 and a beta of 1.03. abrdn Emerging Markets Dividend Active ETF has a twelve month low of $34.70 and a twelve month high of $51.50.

abrdn Emerging Markets Dividend Active ETF Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Tuesday, June 23rd were given a $0.2716 dividend. This represents a $1.09 annualized dividend and a dividend yield of 2.2%. 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.