Short Interest in abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEM) Grows By 596.4%

abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEM) saw a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 1,546 shares, an increase of 596.4% from the July 30th total of 222 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 7,486 shares, the short-interest ratio is presently 0.2 days.

abrdn Emerging Markets Dividend Active ETF Trading Up 1.6%

Shares of NASDAQ AGEM opened at $49.47 on Wednesday. abrdn Emerging Markets Dividend Active ETF has a twelve month low of $34.70 and a twelve month high of $51.50. The stock has a 50 day moving average of $48.22 and a two-hundred day moving average of $46.01. The stock has a market cap of $364.10 million, a P/E ratio of 13.90 and a beta of 1.03.

abrdn Emerging Markets Dividend Active ETF Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Tuesday, June 23rd were issued a $0.2716 dividend. This represents a $1.09 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend was Tuesday, June 23rd.

abrdn Emerging Markets Dividend Active ETF Company Profile

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.