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

abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEM) was the recipient of a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 2,760 shares, a growth of 2,108.0% from the May 31st total of 125 shares. Based on an average daily volume of 46,241 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

Institutional Investors Weigh In On abrdn Emerging Markets Dividend Active ETF

An institutional investor recently bought a new stake in abrdn Emerging Markets Dividend Active ETF stock. Bartlett & CO. Wealth Management LLC bought a new position in abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEM) during the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 2,157 shares of the company’s stock, valued at approximately $83,000.

abrdn Emerging Markets Dividend Active ETF Price Performance

Shares of AGEM traded up $1.02 on Thursday, reaching $49.23. The company’s stock had a trading volume of 6,806 shares, compared to its average volume of 26,611. The stock’s 50 day simple moving average is $47.79 and its two-hundred day simple moving average is $43.56. The stock has a market capitalization of $350.03 million, a P/E ratio of 13.90 and a beta of 1.00. abrdn Emerging Markets Dividend Active ETF has a 12-month low of $32.87 and a 12-month high of $51.50.

abrdn Emerging Markets Dividend Active ETF Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Tuesday, June 23rd will be paid a dividend of $0.2716 per share. This represents a $1.09 annualized dividend and a dividend yield of 2.2%. The ex-dividend date is 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.