abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEM) Short Interest Update

abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEM) was the recipient of a large drop in short interest in July. As of July 31st, there was short interest totaling 222 shares, a drop of 78.9% from the July 15th total of 1,053 shares. Based on an average trading volume of 18,819 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are short sold.

abrdn Emerging Markets Dividend Active ETF Stock Up 0.1%

AGEM traded up $0.07 on Thursday, reaching $49.00. The company had a trading volume of 5,206 shares, compared to its average volume of 23,402. abrdn Emerging Markets Dividend Active ETF has a 1 year low of $34.70 and a 1 year high of $51.50. The stock has a market capitalization of $360.64 million, a PE ratio of 13.90 and a beta of 1.03. The stock has a 50-day moving average price of $48.14 and a 200-day moving average price of $45.60.

abrdn Emerging Markets Dividend Active ETF Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Tuesday, June 23rd were issued a $0.2716 dividend. This represents a $1.09 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend was Tuesday, June 23rd.

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.