SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV) Short Interest Down 60.3% in June

SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV) was the target of a large decrease in short interest in June. As of June 15th, there was short interest totaling 19,267 shares, a decrease of 60.3% from the May 31st total of 48,517 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 101,569 shares, the short-interest ratio is currently 0.2 days.

SPDR S&P Emerging Markets Dividend ETF Stock Up 0.8%

NYSEARCA:EDIV traded up $0.34 during mid-day trading on Monday, reaching $40.90. 63,475 shares of the company were exchanged, compared to its average volume of 178,262. SPDR S&P Emerging Markets Dividend ETF has a 12 month low of $37.81 and a 12 month high of $43.49. The company has a fifty day moving average of $41.22 and a 200 day moving average of $40.73. The stock has a market cap of $1.22 billion, a PE ratio of 10.27 and a beta of 0.48.

Institutional Trading of SPDR S&P Emerging Markets Dividend ETF

Several hedge funds have recently modified their holdings of EDIV. PNC Financial Services Group Inc. acquired a new position in SPDR S&P Emerging Markets Dividend ETF during the 4th quarter worth $25,000. Bogart Wealth LLC acquired a new stake in shares of SPDR S&P Emerging Markets Dividend ETF in the 1st quarter valued at $39,000. Raleigh Capital Management Inc. bought a new stake in shares of SPDR S&P Emerging Markets Dividend ETF during the fourth quarter worth $40,000. Commonwealth Retirement Investments LLC bought a new stake in shares of SPDR S&P Emerging Markets Dividend ETF during the fourth quarter worth $43,000. Finally, Trust Co. of Vermont lifted its stake in shares of SPDR S&P Emerging Markets Dividend ETF by 165.1% during the fourth quarter. Trust Co. of Vermont now owns 1,670 shares of the company’s stock valued at $65,000 after acquiring an additional 1,040 shares during the period.

About SPDR S&P Emerging Markets Dividend ETF

The SPDR S&P Emerging Markets Dividend ETF (EDIV) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks a yield-weighted index of high-dividend-paying firms in emerging markets. The index screens for 3-year positive earnings growth and profitability. EDIV was launched on Feb 23, 2011 and is managed by State Street.