abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEM) Shares Shorted: Short Interest Up 72.9% in September

abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEM) was the recipient of a significant growth in short interest in September. As of September 15th, there was short interest totaling 1,456 shares, a growth of 72.9% from the August 31st total of 842 shares. Based on an average daily volume of 10,104 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are sold short.

abrdn Emerging Markets Dividend Active ETF Trading Down 1.6%

NASDAQ:AGEM opened at $48.07 on Thursday. The stock has a market cap of $363.41 million, a P/E ratio of 13.90 and a beta of 1.03. The stock’s 50-day moving average is $48.75 and its 200-day moving average is $47.10. abrdn Emerging Markets Dividend Active ETF has a 1-year low of $36.22 and a 1-year high of $51.50.

abrdn Emerging Markets Dividend Active ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 25th. Investors of record on Tuesday, September 22nd were given a dividend of $0.5559 per share. The ex-dividend date was Tuesday, September 22nd. This represents a $2.22 annualized dividend and a yield of 4.6%. This is a boost from abrdn Emerging Markets Dividend Active ETF’s previous quarterly dividend of $0.2716.

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.