SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV) Short Interest Down 48.9% in July

SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV) saw a significant decline in short interest during the month of July. As of July 31st, there was short interest totaling 10,412 shares, a decline of 48.9% from the July 15th total of 20,367 shares. Based on an average daily volume of 114,319 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

SPDR S&P Emerging Markets Dividend ETF Trading Down 0.1%

NYSEARCA:EDIV traded down $0.04 on Tuesday, reaching $41.66. 76,883 shares of the stock traded hands, compared to its average volume of 162,827. SPDR S&P Emerging Markets Dividend ETF has a 1-year low of $37.81 and a 1-year high of $43.49. The company’s 50 day moving average is $41.52 and its 200-day moving average is $41.22. The firm has a market capitalization of $1.22 billion, a price-to-earnings ratio of 10.27 and a beta of 0.48.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in EDIV. Jane Street Group LLC lifted its position in SPDR S&P Emerging Markets Dividend ETF by 1,501.9% in the 1st quarter. Jane Street Group LLC now owns 95,043 shares of the company’s stock valued at $3,393,000 after acquiring an additional 89,110 shares in the last quarter. Creative Planning raised its stake in shares of SPDR S&P Emerging Markets Dividend ETF by 9.2% in the second quarter. Creative Planning now owns 8,287 shares of the company’s stock worth $316,000 after purchasing an additional 700 shares during the last quarter. Ameriprise Financial Inc. raised its stake in shares of SPDR S&P Emerging Markets Dividend ETF by 81.1% in the second quarter. Ameriprise Financial Inc. now owns 85,521 shares of the company’s stock worth $3,254,000 after purchasing an additional 38,298 shares during the last quarter. Bank of America Corp DE raised its stake in shares of SPDR S&P Emerging Markets Dividend ETF by 97.9% in the second quarter. Bank of America Corp DE now owns 589,465 shares of the company’s stock worth $22,470,000 after purchasing an additional 291,639 shares during the last quarter. Finally, MML Investors Services LLC lifted its holdings in shares of SPDR S&P Emerging Markets Dividend ETF by 78.6% in the second quarter. MML Investors Services LLC now owns 109,242 shares of the company’s stock valued at $4,164,000 after purchasing an additional 48,061 shares in the last quarter.

SPDR S&P Emerging Markets Dividend ETF Company Profile

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.