abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEM) Short Interest Update

abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEM) was the target of a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 1,456 shares, a growth of 72.9% from the August 31st total of 842 shares. Based on an average daily trading volume, of 10,104 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

abrdn Emerging Markets Dividend Active ETF Stock Performance

abrdn Emerging Markets Dividend Active ETF stock opened at $48.31 on Friday. abrdn Emerging Markets Dividend Active ETF has a fifty-two week low of $36.22 and a fifty-two week high of $51.50. The stock’s 50 day simple moving average is $48.77 and its two-hundred day simple moving average is $47.16. The stock has a market cap of $365.22 million, a price-to-earnings ratio of 13.90 and a beta of 1.03.

abrdn Emerging Markets Dividend Active ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Tuesday, September 22nd were paid a $0.5559 dividend. This represents a $2.22 dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date was Tuesday, September 22nd. This is a boost from abrdn Emerging Markets Dividend Active ETF’s previous quarterly dividend of $0.2716.

abrdn Emerging Markets Dividend Active ETF Company Profile

The abrdn Emerging Markets Dividend Active ETF (AGEM) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund actively invests in dividend paying companies from emerging markets, selected based on proprietary quality and fundamental factors. AGEM was launched on Feb 18, 2025 and is issued by Abrdn.