ProShares MSCI Emerging Markets Dividend Growers ETF (BATS:EMDV) Sees Large Increase in Short Interest

ProShares MSCI Emerging Markets Dividend Growers ETF (BATS:EMDV) was the recipient of a large increase in short interest in August. As of August 14th, there was short interest totaling 705 shares, an increase of 128.9% from the July 30th total of 308 shares. Based on an average trading volume of 94 shares, the short-interest ratio is currently 7.5 days. Currently, 0.4% of the company’s shares are short sold.

ProShares MSCI Emerging Markets Dividend Growers ETF Price Performance

Shares of ProShares MSCI Emerging Markets Dividend Growers ETF stock opened at $47.63 on Friday. The stock has a market capitalization of $8.34 million, a price-to-earnings ratio of 12.95 and a beta of 0.49. The business has a 50-day moving average of $46.49 and a 200 day moving average of $46.76. ProShares MSCI Emerging Markets Dividend Growers ETF has a 12 month low of $44.31 and a 12 month high of $48.73.

Hedge Funds Weigh In On ProShares MSCI Emerging Markets Dividend Growers ETF

An institutional investor recently raised its stake in ProShares MSCI Emerging Markets Dividend Growers ETF stock. Nations Financial Group Inc. IA ADV grew its holdings in ProShares MSCI Emerging Markets Dividend Growers ETF (BATS:EMDV) by 3.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 19,328 shares of the company’s stock after acquiring an additional 582 shares during the period. Nations Financial Group Inc. IA ADV owned about 11.04% of ProShares MSCI Emerging Markets Dividend Growers ETF worth $885,000 as of its most recent filing with the Securities & Exchange Commission.

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.