abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEM) Short Interest Update

abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEM) was the recipient of a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 842 shares, a decline of 45.5% from the August 15th total of 1,546 shares. Based on an average trading volume of 6,531 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s shares are short sold.

abrdn Emerging Markets Dividend Active ETF Stock Performance

Shares of NASDAQ:AGEM traded up $0.03 during mid-day trading on Tuesday, reaching $48.56. 6,292 shares of the company’s stock were exchanged, compared to its average volume of 21,497. abrdn Emerging Markets Dividend Active ETF has a twelve month low of $36.08 and a twelve month high of $51.50. The firm has a market capitalization of $348.15 million, a price-to-earnings ratio of 13.90 and a beta of 1.03. The business’s fifty day moving average price is $48.32 and its 200-day moving average price is $46.58.

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 given a dividend of $0.2716 per share. This represents a $1.09 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend 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.