Global X MSCI SuperDividend Emerging Markets ETF (NYSEARCA:SDEM) Short Interest Down 89.4% in April

Global X MSCI SuperDividend Emerging Markets ETF (NYSEARCA:SDEM) was the recipient of a large drop in short interest during the month of April. As of April 30th, there was short interest totaling 339 shares, a drop of 89.4% from the April 15th total of 3,203 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 5,916 shares, the short-interest ratio is currently 0.1 days.

Global X MSCI SuperDividend Emerging Markets ETF Trading Down 0.7%

Shares of NYSEARCA SDEM traded down $0.22 during mid-day trading on Wednesday, reaching $32.48. The company had a trading volume of 4,082 shares, compared to its average volume of 10,526. The firm has a 50 day simple moving average of $32.46 and a two-hundred day simple moving average of $31.54. The stock has a market cap of $45.80 million, a P/E ratio of 8.53 and a beta of 0.51. Global X MSCI SuperDividend Emerging Markets ETF has a 52-week low of $26.15 and a 52-week high of $34.15.

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.