Short Interest in abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEM) Decreases By 33.3%

abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEM) saw a large decline in short interest during the month of September. As of September 30th, there was short interest totaling 200 shares, a decline of 33.3% from the September 15th total of 300 shares. Based on an average daily volume of 1,500 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 1,500 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in abrdn Emerging Markets Dividend Active ETF stock. Parallel Advisors LLC acquired a new position in shares of abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEM) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 5,233 shares of the company’s stock, valued at approximately $173,000. Parallel Advisors LLC owned about 0.22% of abrdn Emerging Markets Dividend Active ETF at the end of the most recent reporting period.

abrdn Emerging Markets Dividend Active ETF Price Performance

abrdn Emerging Markets Dividend Active ETF stock opened at $37.95 on Friday. The firm has a market capitalization of $149.52 million and a PE ratio of 13.90. The company’s 50-day moving average is $36.47 and its 200-day moving average is $33.15. abrdn Emerging Markets Dividend Active ETF has a fifty-two week low of $24.21 and a fifty-two week high of $38.01.

abrdn Emerging Markets Dividend Active ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 26th. Stockholders of record on Tuesday, September 23rd were paid a dividend of $0.31 per share. The ex-dividend date was Tuesday, September 23rd. This represents a $1.24 annualized dividend and a dividend yield of 3.3%. This is a boost from abrdn Emerging Markets Dividend Active ETF’s previous quarterly dividend of $0.21.

About abrdn Emerging Markets Dividend Active ETF

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.