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

Global X MSCI SuperDividend Emerging Markets ETF (NYSEARCA:SDEM) saw a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 2,409 shares, an increase of 102.4% from the July 30th total of 1,190 shares. Based on an average daily volume of 3,058 shares, the days-to-cover ratio is presently 0.8 days. Approximately 0.2% of the shares of the company are sold short.

Global X MSCI SuperDividend Emerging Markets ETF Price Performance

Shares of NYSEARCA SDEM traded down $0.09 during trading hours on Friday, hitting $33.45. 2,797 shares of the stock were exchanged, compared to its average volume of 7,342. Global X MSCI SuperDividend Emerging Markets ETF has a one year low of $27.08 and a one year high of $34.15. The company’s 50 day moving average is $32.77 and its 200 day moving average is $32.65. The firm has a market capitalization of $45.16 million, a P/E ratio of 8.53 and a beta of 0.51.

Global X MSCI SuperDividend Emerging Markets ETF Company Profile

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.