abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEM) Short Interest Up 596.4% in August

abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEM) saw a significant increase in short interest during the month of August. As of August 14th, there was short interest totaling 1,546 shares, an increase of 596.4% from the July 30th total of 222 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 7,486 shares, the short-interest ratio is presently 0.2 days.

abrdn Emerging Markets Dividend Active ETF Price Performance

Shares of NASDAQ AGEM traded down $0.21 on Thursday, hitting $49.28. The company’s stock had a trading volume of 5,046 shares, compared to its average volume of 22,350. The stock has a 50 day moving average of $48.21 and a 200-day moving average of $46.06. The company has a market capitalization of $362.70 million, a price-to-earnings ratio of 13.90 and a beta of 1.03. abrdn Emerging Markets Dividend Active ETF has a 12-month low of $34.70 and a 12-month high of $51.50.

abrdn Emerging Markets Dividend Active ETF Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Tuesday, June 23rd were paid a $0.2716 dividend. The ex-dividend date of this dividend was Tuesday, June 23rd. This represents a $1.09 dividend on an annualized basis 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.