Short Interest in Global X MSCI SuperDividend Emerging Markets ETF (NYSEARCA:SDEM) Drops By 95.2%

Global X MSCI SuperDividend Emerging Markets ETF (NYSEARCA:SDEM) was the target of a large drop in short interest in the month of August. As of August 31st, there was short interest totaling 115 shares, a drop of 95.2% from the August 15th total of 2,409 shares. Based on an average daily trading volume, of 4,069 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are sold short.

Global X MSCI SuperDividend Emerging Markets ETF Trading Down 0.3%

SDEM traded down $0.10 during trading on Thursday, reaching $34.16. 1,605 shares of the company’s stock were exchanged, compared to its average volume of 7,197. Global X MSCI SuperDividend Emerging Markets ETF has a one year low of $27.08 and a one year high of $34.53. The firm has a fifty day moving average price of $33.14 and a two-hundred day moving average price of $32.71. The stock has a market capitalization of $46.12 million, a PE ratio of 8.53 and a beta of 0.50.

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.