SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV) Short Interest Update

SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV) was the recipient of a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 20,367 shares, an increase of 380.6% from the June 30th total of 4,238 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 119,838 shares, the short-interest ratio is currently 0.2 days.

Institutional Investors Weigh In On SPDR S&P Emerging Markets Dividend ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Gradient Investments LLC acquired a new position in shares of SPDR S&P Emerging Markets Dividend ETF in the 2nd quarter worth approximately $205,000. First Heartland Consultants Inc. increased its holdings in SPDR S&P Emerging Markets Dividend ETF by 10.2% in the 2nd quarter. First Heartland Consultants Inc. now owns 78,382 shares of the company’s stock valued at $3,210,000 after purchasing an additional 7,234 shares during the last quarter. Dynamic Advisor Solutions LLC increased its holdings in SPDR S&P Emerging Markets Dividend ETF by 8.3% in the 2nd quarter. Dynamic Advisor Solutions LLC now owns 6,900 shares of the company’s stock valued at $283,000 after purchasing an additional 530 shares during the last quarter. RDA Financial Network raised its position in SPDR S&P Emerging Markets Dividend ETF by 4.6% in the second quarter. RDA Financial Network now owns 42,567 shares of the company’s stock valued at $1,743,000 after purchasing an additional 1,877 shares during the period. Finally, Bank of America Corp DE raised its position in SPDR S&P Emerging Markets Dividend ETF by 76.8% in the first quarter. Bank of America Corp DE now owns 1,757,472 shares of the company’s stock valued at $69,385,000 after purchasing an additional 763,194 shares during the period.

SPDR S&P Emerging Markets Dividend ETF Trading Up 0.4%

NYSEARCA EDIV traded up $0.15 during trading hours on Friday, reaching $41.54. The company had a trading volume of 97,705 shares, compared to its average volume of 170,099. The stock has a 50-day moving average of $41.39 and a 200 day moving average of $41.05. SPDR S&P Emerging Markets Dividend ETF has a 1-year low of $37.81 and a 1-year high of $43.49. The stock has a market capitalization of $1.22 billion, a P/E ratio of 10.27 and a beta of 0.48.

About SPDR S&P Emerging Markets Dividend ETF

The SPDR S&P Emerging Markets Dividend ETF (EDIV) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks a yield-weighted index of high-dividend-paying firms in emerging markets. The index screens for 3-year positive earnings growth and profitability. EDIV was launched on Feb 23, 2011 and is managed by State Street.