Global X MSCI SuperDividend Emerging Markets ETF (NYSEARCA:SDEM) Short Interest Update

Global X MSCI SuperDividend Emerging Markets ETF (NYSEARCA:SDEM) was the target of a significant increase in short interest in February. As of February 27th, there was short interest totaling 13,955 shares, an increase of 15.0% from the February 12th total of 12,138 shares. Approximately 1.0% of the shares of the stock are short sold. Based on an average trading volume of 10,868 shares, the days-to-cover ratio is presently 1.3 days. Based on an average trading volume of 10,868 shares, the days-to-cover ratio is presently 1.3 days. Approximately 1.0% of the shares of the stock are short sold.

Global X MSCI SuperDividend Emerging Markets ETF Stock Performance

Shares of SDEM traded up $0.42 during trading hours on Tuesday, hitting $31.83. 2,282 shares of the stock were exchanged, compared to its average volume of 12,780. The stock’s 50-day moving average price is $32.43 and its two-hundred day moving average price is $30.27. Global X MSCI SuperDividend Emerging Markets ETF has a 12-month low of $23.24 and a 12-month high of $33.98. The company has a market cap of $46.47 million, a price-to-earnings ratio of 8.53 and a beta of 0.62.

Global X MSCI SuperDividend Emerging Markets ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, February 11th. Stockholders of record on Wednesday, February 4th were given a $0.1438 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 5.4%. This is a positive change from Global X MSCI SuperDividend Emerging Markets ETF’s previous monthly dividend of $0.14. The ex-dividend date was Wednesday, February 4th.

Global X MSCI SuperDividend Emerging Markets ETF Company Profile

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.