Global X MSCI SuperDividend Emerging Markets ETF (NYSEARCA:SDEM) Short Interest Down 51.6% in December

Global X MSCI SuperDividend Emerging Markets ETF (NYSEARCA:SDEM) was the recipient of a significant decline in short interest during the month of December. As of December 15th, there was short interest totaling 17,091 shares, a decline of 51.6% from the November 30th total of 35,277 shares. Based on an average trading volume of 9,239 shares, the short-interest ratio is currently 1.8 days. Currently, 1.3% of the shares of the stock are short sold. Currently, 1.3% of the shares of the stock are short sold. Based on an average trading volume of 9,239 shares, the short-interest ratio is currently 1.8 days.

Global X MSCI SuperDividend Emerging Markets ETF Stock Up 0.7%

Shares of SDEM stock traded up $0.22 on Friday, reaching $30.12. The company had a trading volume of 7,255 shares, compared to its average volume of 8,732. The business’s 50-day moving average is $29.71 and its 200 day moving average is $28.43. Global X MSCI SuperDividend Emerging Markets ETF has a one year low of $23.24 and a one year high of $30.54. The stock has a market capitalization of $39.76 million, a PE 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.