ProShares MSCI Emerging Markets Dividend Growers ETF (BATS:EMDV) Short Interest Update

ProShares MSCI Emerging Markets Dividend Growers ETF (BATS:EMDV) was the target of a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 1,309 shares, an increase of 85.7% from the August 15th total of 705 shares. Currently, 0.7% of the company’s shares are short sold. Based on an average daily trading volume, of 275 shares, the short-interest ratio is currently 4.8 days.

Institutional Investors Weigh In On ProShares MSCI Emerging Markets Dividend Growers ETF

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

ProShares MSCI Emerging Markets Dividend Growers ETF Trading Up 1.1%

Shares of EMDV opened at $46.64 on Friday. The firm’s fifty day simple moving average is $47.08 and its two-hundred day simple moving average is $46.68. ProShares MSCI Emerging Markets Dividend Growers ETF has a 12 month low of $44.31 and a 12 month high of $48.73. The stock has a market capitalization of $8.16 million, a P/E ratio of 12.95 and a beta of 0.49.

About ProShares MSCI Emerging Markets Dividend Growers ETF

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.