abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEM) Sees Significant Decrease in Short Interest

abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEMGet Free Report) saw a significant drop in short interest in May. As of May 15th, there was short interest totaling 84 shares, a drop of 71.8% from the April 30th total of 298 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 7,403 shares, the short-interest ratio is currently 0.0 days.

Hedge Funds Weigh In On abrdn Emerging Markets Dividend Active ETF

An institutional investor recently bought a new position in abrdn Emerging Markets Dividend Active ETF stock. Bartlett & CO. Wealth Management LLC acquired a new position in abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEMFree Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 2,157 shares of the company’s stock, valued at approximately $83,000.

abrdn Emerging Markets Dividend Active ETF Stock Performance

AGEM opened at $49.35 on Friday. The stock has a market capitalization of $350.88 million, a price-to-earnings ratio of 13.90 and a beta of 1.00. The company has a fifty day moving average of $44.63 and a 200 day moving average of $41.92. abrdn Emerging Markets Dividend Active ETF has a fifty-two week low of $29.19 and a fifty-two week high of $49.52.

abrdn Emerging Markets Dividend Active ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Tuesday, March 24th were paid a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend was Tuesday, March 24th.

abrdn Emerging Markets Dividend Active ETF Company Profile

(Get Free Report)

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.

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