abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEM) Sees Significant Decrease in Short Interest

abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEMGet Free Report) was the target of a large decrease in short interest during the month of April. As of April 15th, there was short interest totaling 1,213 shares, a decrease of 16.2% from the March 31st total of 1,448 shares. Based on an average daily volume of 86,518 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

abrdn Emerging Markets Dividend Active ETF Stock Performance

NASDAQ:AGEM opened at $45.77 on Friday. The business’s 50-day moving average is $42.89 and its 200 day moving average is $40.60. abrdn Emerging Markets Dividend Active ETF has a 12 month low of $29.19 and a 12 month high of $45.97. The company has a market capitalization of $325.42 million, a P/E ratio of 13.90 and a beta of 0.98.

abrdn Emerging Markets Dividend Active ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Tuesday, March 24th were issued a $0.17 dividend. The ex-dividend date of this dividend was Tuesday, March 24th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.5%.

Institutional Investors Weigh In On abrdn Emerging Markets Dividend Active ETF

A hedge fund recently bought a new stake in abrdn Emerging Markets Dividend Active ETF stock. Bartlett & CO. Wealth Management LLC acquired a new position in abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEMFree Report) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 2,157 shares of the company’s stock, valued at approximately $83,000.

About abrdn Emerging Markets Dividend Active ETF

(Get Free Report)

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.

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