Short Interest in ProShares MSCI Emerging Markets Dividend Growers ETF (BATS:EMDV) Drops By 58.2%

ProShares MSCI Emerging Markets Dividend Growers ETF (BATS:EMDVGet Free Report) saw a significant decline in short interest in June. As of June 15th, there was short interest totaling 112 shares, a decline of 58.2% from the May 31st total of 268 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 325 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Trading of ProShares MSCI Emerging Markets Dividend Growers ETF

A hedge fund recently raised its position in ProShares MSCI Emerging Markets Dividend Growers ETF stock. Nations Financial Group Inc. IA ADV grew its holdings in ProShares MSCI Emerging Markets Dividend Growers ETF (BATS:EMDVFree Report) by 3.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 19,328 shares of the company’s stock after purchasing an additional 582 shares during the quarter. 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 Stock Down 0.6%

BATS:EMDV opened at $45.02 on Wednesday. ProShares MSCI Emerging Markets Dividend Growers ETF has a 52-week low of $44.31 and a 52-week high of $48.73. The stock has a fifty day simple moving average of $46.86 and a 200-day simple moving average of $46.85. The company has a market capitalization of $7.88 million, a PE ratio of 12.95 and a beta of 0.49.

ProShares MSCI Emerging Markets Dividend Growers ETF Company Profile

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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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