Global X MSCI SuperDividend Emerging Markets ETF (NYSEARCA:SDEM) Short Interest Down 51.6% in December

Global X MSCI SuperDividend Emerging Markets ETF (NYSEARCA:SDEM) was the recipient of a significant drop in short interest during the month of December. As of December 15th, there was short interest totaling 17,091 shares, a drop of 51.6% from the November 30th total of 35,277 shares. Currently, 1.3% of the shares of the company are short sold. Based on an average trading volume of 9,239 shares, the short-interest ratio is presently 1.8 days. Based on an average trading volume of 9,239 shares, the short-interest ratio is presently 1.8 days. Currently, 1.3% of the shares of the company are short sold.

Global X MSCI SuperDividend Emerging Markets ETF Stock Up 0.7%

Shares of Global X MSCI SuperDividend Emerging Markets ETF stock traded up $0.22 during trading on Friday, reaching $30.12. The company’s stock had a trading volume of 7,255 shares, compared to its average volume of 8,732. The business’s 50-day moving average price is $29.71 and its 200-day moving average price is $28.43. Global X MSCI SuperDividend Emerging Markets ETF has a 52 week low of $23.24 and a 52 week high of $30.54. The firm has a market cap of $39.76 million, a PE ratio of 8.53 and a beta of 0.62.

About Global X MSCI SuperDividend Emerging Markets ETF

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.