Global X MSCI SuperDividend Emerging Markets ETF (NYSEARCA:SDEM) Short Interest Down 95.2% in August

Global X MSCI SuperDividend Emerging Markets ETF (NYSEARCA:SDEM) saw a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 115 shares, a decline of 95.2% from the August 15th total of 2,409 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 4,069 shares, the short-interest ratio is presently 0.0 days.

Global X MSCI SuperDividend Emerging Markets ETF Stock Down 0.4%

SDEM stock traded down $0.13 during mid-day trading on Friday, hitting $34.03. The company had a trading volume of 1,963 shares, compared to its average volume of 7,166. The company has a 50-day moving average price of $33.18 and a 200 day moving average price of $32.72. Global X MSCI SuperDividend Emerging Markets ETF has a 12-month low of $27.08 and a 12-month high of $34.53. The company has a market capitalization of $45.94 million, a price-to-earnings ratio of 8.53 and a beta of 0.50.

About Global X MSCI SuperDividend Emerging Markets ETF

The Global X MSCI SuperDividend Emerging Markets ETF (SDEM) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund follows an equal-weighted index of emerging market countries. The index selects stocks by highest dividend yield, excluding those ranking low on price return. SDEM was launched on Mar 17, 2015 and is managed by Global X.