abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEM) Short Interest Down 78.9% in July

abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEM) saw a large decrease in short interest in the month of July. As of July 31st, there was short interest totaling 222 shares, a decrease of 78.9% from the July 15th total of 1,053 shares. Based on an average daily volume of 18,819 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are sold short.

abrdn Emerging Markets Dividend Active ETF Stock Performance

Shares of NASDAQ AGEM opened at $48.84 on Friday. The firm has a market capitalization of $359.46 million, a PE ratio of 13.90 and a beta of 1.03. abrdn Emerging Markets Dividend Active ETF has a 1 year low of $34.70 and a 1 year high of $51.50. The firm’s 50-day moving average is $48.17 and its 200-day moving average is $45.67.

abrdn Emerging Markets Dividend Active ETF Dividend Announcement

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

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.