ProShares MSCI Emerging Markets Dividend Growers ETF (BATS:EMDV) Stock Short Interest Falls 86.5%

ProShares MSCI Emerging Markets Dividend Growers ETF (BATS:EMDV) saw a large decrease in short interest in September. As of September 15th, there was short interest totaling 177 shares, a decrease of 86.5% from the August 31st total of 1,309 shares. Based on an average daily volume of 177 shares, the short-interest ratio is currently 1.0 days. Approximately 0.1% of the company’s shares are short sold.

ProShares MSCI Emerging Markets Dividend Growers ETF Stock Down 0.2%

Shares of BATS:EMDV opened at $45.98 on Friday. The stock has a market cap of $8.05 million, a PE ratio of 12.95 and a beta of 0.49. The company’s fifty day moving average is $47.16 and its 200 day moving average is $46.70. ProShares MSCI Emerging Markets Dividend Growers ETF has a 52 week low of $44.31 and a 52 week high of $48.73.

Institutional Inflows and Outflows

An institutional investor recently raised its stake in ProShares MSCI Emerging Markets Dividend Growers ETF stock. Nations Financial Group Inc. IA ADV boosted its stake in shares of ProShares MSCI Emerging Markets Dividend Growers ETF (BATS:EMDV) by 3.1% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 19,328 shares of the company’s stock after acquiring an additional 582 shares during the quarter. Nations Financial Group Inc. IA ADV owned 11.04% of ProShares MSCI Emerging Markets Dividend Growers ETF worth $885,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

ProShares MSCI Emerging Markets Dividend Growers ETF Company Profile

The ProShares MSCI Emerging Markets Dividend Growers ETF (EMDV) is an exchange-traded fund that is based on the MSCI EM Dividend Masters index. The fund tracks an index composed of companies in the MSCI Emerging Markets Index that have consistent dividend growth for seven years. EMDV was launched on Jan 25, 2016 and is managed by ProShares.