SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV) Short Interest Down 37.8% in April

SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV) was the target of a significant decline in short interest during the month of April. As of April 30th, there was short interest totaling 119,257 shares, a decline of 37.8% from the April 15th total of 191,642 shares. Based on an average daily trading volume, of 114,604 shares, the days-to-cover ratio is currently 1.0 days. Currently, 0.4% of the shares of the company are sold short.

Institutional Trading of SPDR S&P Emerging Markets Dividend ETF

A number of institutional investors and hedge funds have recently modified their holdings of the company. PNC Financial Services Group Inc. acquired a new position in SPDR S&P Emerging Markets Dividend ETF during the 4th quarter valued at $25,000. Bogart Wealth LLC acquired a new position in SPDR S&P Emerging Markets Dividend ETF during the 1st quarter valued at $39,000. Raleigh Capital Management Inc. acquired a new position in SPDR S&P Emerging Markets Dividend ETF during the 4th quarter valued at $40,000. Commonwealth Retirement Investments LLC acquired a new position in SPDR S&P Emerging Markets Dividend ETF during the 4th quarter valued at $43,000. Finally, Trust Co. of Vermont raised its stake in SPDR S&P Emerging Markets Dividend ETF by 165.1% during the 4th quarter. Trust Co. of Vermont now owns 1,670 shares of the company’s stock valued at $65,000 after purchasing an additional 1,040 shares during the last quarter.

SPDR S&P Emerging Markets Dividend ETF Stock Performance

Shares of SPDR S&P Emerging Markets Dividend ETF stock traded up $0.02 on Tuesday, reaching $40.87. The stock had a trading volume of 48,347 shares, compared to its average volume of 184,342. The business’s 50-day moving average price is $40.42 and its two-hundred day moving average price is $40.20. SPDR S&P Emerging Markets Dividend ETF has a fifty-two week low of $36.94 and a fifty-two week high of $43.49. The stock has a market cap of $1.22 billion, a P/E ratio of 10.27 and a beta of 0.48.

SPDR S&P Emerging Markets Dividend ETF Company Profile

The SPDR S&P Emerging Markets Dividend ETF (EDIV) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks a yield-weighted index of high-dividend-paying firms in emerging markets. The index screens for 3-year positive earnings growth and profitability. EDIV was launched on Feb 23, 2011 and is managed by State Street.