Global X MSCI SuperDividend Emerging Markets ETF (NYSEARCA:SDEM) Short Interest Update

Global X MSCI SuperDividend Emerging Markets ETF (NYSEARCA:SDEM) was the recipient of a significant decrease in short interest in the month of December. As of December 31st, there was short interest totaling 12,652 shares, a decrease of 26.0% from the December 15th total of 17,091 shares. Based on an average daily trading volume, of 8,492 shares, the days-to-cover ratio is currently 1.5 days. Currently, 0.9% of the company’s shares are sold short. Currently, 0.9% of the company’s shares are sold short. Based on an average daily trading volume, of 8,492 shares, the days-to-cover ratio is currently 1.5 days.

Global X MSCI SuperDividend Emerging Markets ETF Price Performance

Shares of SDEM stock traded down $0.10 during mid-day trading on Friday, hitting $31.67. The stock had a trading volume of 6,366 shares, compared to its average volume of 11,161. Global X MSCI SuperDividend Emerging Markets ETF has a 12-month low of $23.24 and a 12-month high of $31.79. The firm’s 50-day moving average is $30.19 and its two-hundred day moving average is $28.83. The firm has a market capitalization of $45.29 million, a P/E ratio of 8.53 and a beta of 0.62.

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.