Short Interest in ProShares MSCI Emerging Markets Dividend Growers ETF (BATS:EMDV) Decreases By 90.6%

ProShares MSCI Emerging Markets Dividend Growers ETF (BATS:EMDVGet Free Report) was the target of a large decline in short interest in the month of April. As of April 30th, there was short interest totaling 81 shares, a decline of 90.6% from the April 15th total of 859 shares. Based on an average trading volume of 224 shares, the short-interest ratio is presently 0.4 days. Currently, 0.0% of the shares of the company are sold short.

ProShares MSCI Emerging Markets Dividend Growers ETF Price Performance

BATS EMDV remained flat at $47.26 on Wednesday. 491 shares of the company’s stock traded hands, compared to its average volume of 393. ProShares MSCI Emerging Markets Dividend Growers ETF has a twelve month low of $43.40 and a twelve month high of $48.73. The stock’s fifty day moving average price is $46.57 and its 200-day moving average price is $46.88. The firm has a market cap of $8.27 million, a price-to-earnings ratio of 12.95 and a beta of 0.49.

Institutional Trading of ProShares MSCI Emerging Markets Dividend Growers ETF

A hedge fund recently raised its stake in ProShares MSCI Emerging Markets Dividend Growers ETF stock. Nations Financial Group Inc. IA ADV raised its holdings in shares of ProShares MSCI Emerging Markets Dividend Growers ETF (BATS:EMDVFree Report) by 3.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 19,328 shares of the company’s stock after acquiring 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.

About ProShares MSCI Emerging Markets Dividend Growers ETF

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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.

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