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

Global X MSCI SuperDividend Emerging Markets ETF (NYSEARCA:SDEM) saw a large drop in short interest in the month of April. As of April 30th, there was short interest totaling 339 shares, a drop of 89.4% from the April 15th total of 3,203 shares. Based on an average trading volume of 5,916 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

Global X MSCI SuperDividend Emerging Markets ETF Stock Down 0.6%

Shares of SDEM traded down $0.20 on Tuesday, reaching $32.70. The stock had a trading volume of 9,830 shares, compared to its average volume of 10,598. The firm has a market capitalization of $46.11 million, a PE ratio of 8.53 and a beta of 0.51. The firm has a 50-day moving average of $32.49 and a 200 day moving average of $31.48. Global X MSCI SuperDividend Emerging Markets ETF has a twelve month low of $26.15 and a twelve month high of $34.15.

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.