abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEM – Get Free Report) was the recipient of a large decrease in short interest during the month of March. As of March 13th, there was short interest totaling 6,489 shares, a decrease of 37.5% from the February 26th total of 10,381 shares. Based on an average daily volume of 14,322 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.1% of the shares of the stock are short sold.
abrdn Emerging Markets Dividend Active ETF Stock Performance
Shares of AGEM stock opened at $39.85 on Friday. abrdn Emerging Markets Dividend Active ETF has a fifty-two week low of $24.21 and a fifty-two week high of $45.76. The stock’s fifty day moving average is $42.55 and its two-hundred day moving average is $39.51. The firm has a market capitalization of $219.57 million, a P/E ratio of 13.90 and a beta of 1.43.
abrdn Emerging Markets Dividend Active ETF Cuts Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, March 27th. Investors of record on Tuesday, March 24th will be given a dividend of $0.17 per share. The ex-dividend date is Tuesday, March 24th. This represents a $0.68 dividend on an annualized basis and a yield of 1.7%.
Institutional Trading of abrdn Emerging Markets Dividend Active ETF
abrdn Emerging Markets Dividend Active ETF Company Profile
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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