Short Interest in Global X MSCI SuperDividend Emerging Markets ETF (NYSEARCA:SDEM) Decreases By 66.1%

Global X MSCI SuperDividend Emerging Markets ETF (NYSEARCA:SDEM) was the recipient of a significant decrease in short interest during the month of July. As of July 31st, there was short interest totaling 1,190 shares, a decrease of 66.1% from the July 15th total of 3,509 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 3,006 shares, the short-interest ratio is currently 0.4 days.

Global X MSCI SuperDividend Emerging Markets ETF Trading Down 0.7%

NYSEARCA SDEM traded down $0.23 on Friday, hitting $32.36. 2,174 shares of the company’s stock traded hands, compared to its average volume of 7,543. Global X MSCI SuperDividend Emerging Markets ETF has a 1-year low of $27.08 and a 1-year high of $34.15. The firm’s 50-day moving average price is $32.55 and its two-hundred day moving average price is $32.62. The firm has a market capitalization of $43.69 million, a PE ratio of 8.53 and a beta of 0.51.

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.