abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEM) Shares Shorted: Short Interest Up 86.8% in October

abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEM) was the recipient of a significant growth in short interest in October. As of October 15th, there was short interest totaling 3,182 shares, a growth of 86.8% from the September 30th total of 1,703 shares. Based on an average trading volume of 12,428 shares, the short-interest ratio is currently 0.3 days. Currently, 0.0% of the company’s shares are sold short.

abrdn Emerging Markets Dividend Active ETF Stock Up 0.5%

Shares of NASDAQ:AGEM opened at $44.62 on Tuesday. abrdn Emerging Markets Dividend Active ETF has a 52-week low of $36.29 and a 52-week high of $51.50. The stock has a market cap of $337.33 million, a P/E ratio of 13.90 and a beta of 1.04. The business’s 50 day moving average is $48.12 and its 200 day moving average is $46.19.

abrdn Emerging Markets Dividend Active ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 25th. Shareholders of record on Tuesday, September 22nd were given a dividend of $0.5559 per share. This is a boost from abrdn Emerging Markets Dividend Active ETF’s previous quarterly dividend of $0.2716. The ex-dividend date of this dividend was Tuesday, September 22nd. This represents a $2.22 dividend on an annualized basis and a yield of 5.0%.

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.