ProShares MSCI Emerging Markets Dividend Growers ETF (BATS:EMDV – Get Free Report) was the target of a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 705 shares, an increase of 128.9% from the July 30th total of 308 shares. Currently, 0.4% of the company’s stock are sold short. Based on an average daily trading volume, of 94 shares, the days-to-cover ratio is currently 7.5 days.
Hedge Funds Weigh In On ProShares MSCI Emerging Markets Dividend Growers ETF
An institutional investor recently raised its stake in ProShares MSCI Emerging Markets Dividend Growers ETF stock. Nations Financial Group Inc. IA ADV increased its stake in ProShares MSCI Emerging Markets Dividend Growers ETF (BATS:EMDV – Free Report) by 3.1% in the 1st quarter, according to the company in its most recent filing with the 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 reporting period.
ProShares MSCI Emerging Markets Dividend Growers ETF Stock Performance
BATS:EMDV opened at $47.63 on Friday. The stock’s 50 day moving average price is $46.49 and its 200 day moving average price is $46.76. ProShares MSCI Emerging Markets Dividend Growers ETF has a 52 week low of $44.31 and a 52 week high of $48.73. The company has a market capitalization of $8.34 million, a P/E ratio of 12.95 and a beta of 0.49.
ProShares MSCI Emerging Markets Dividend Growers ETF Company Profile
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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