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

ProShares MSCI Emerging Markets Dividend Growers ETF (BATS:EMDV) was the target of a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 268 shares, a growth of 277.5% from the May 14th total of 71 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average trading volume of 196 shares, the short-interest ratio is currently 1.4 days.

ProShares MSCI Emerging Markets Dividend Growers ETF Price Performance

Shares of BATS:EMDV opened at $46.09 on Thursday. The company has a market capitalization of $8.07 million, a price-to-earnings ratio of 12.95 and a beta of 0.49. The firm’s 50 day simple moving average is $47.08 and its 200 day simple moving average is $46.94. 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 Trading of ProShares MSCI Emerging Markets Dividend Growers ETF

An institutional investor recently raised its position in ProShares MSCI Emerging Markets Dividend Growers ETF stock. Nations Financial Group Inc. IA ADV boosted its stake in shares of ProShares MSCI Emerging Markets Dividend Growers ETF (BATS:EMDV) by 3.1% during the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 19,328 shares of the company’s stock after buying 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 as of its most recent filing with the SEC.

ProShares MSCI Emerging Markets Dividend Growers ETF Company Profile

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.