abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEM) Short Interest Down 45.5% in August

abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEM) was the target of a large drop in short interest during the month of August. As of August 31st, there was short interest totaling 842 shares, a drop of 45.5% from the August 15th total of 1,546 shares. Based on an average daily trading volume, of 6,531 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are short sold.

abrdn Emerging Markets Dividend Active ETF Stock Down 0.2%

NASDAQ:AGEM opened at $48.48 on Thursday. The company has a market cap of $347.57 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 $36.08 and a twelve month high of $51.50. The business has a 50 day moving average price of $48.34 and a two-hundred day moving average price of $46.62.

abrdn Emerging Markets Dividend Active ETF Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Tuesday, June 23rd were issued a dividend of $0.2716 per share. The ex-dividend date was Tuesday, June 23rd. This represents a $1.09 annualized dividend and a yield of 2.2%.

About abrdn Emerging Markets Dividend Active ETF

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.