ProShares MSCI Emerging Markets Dividend Growers ETF (BATS:EMDV) Short Interest Up 85.7% in August

ProShares MSCI Emerging Markets Dividend Growers ETF (BATS:EMDVGet Free Report) saw a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 1,309 shares, an increase of 85.7% from the August 15th total of 705 shares. Approximately 0.7% of the shares of the stock are short sold. Based on an average daily volume of 275 shares, the short-interest ratio is presently 4.8 days.

Institutional Trading of ProShares MSCI Emerging Markets Dividend Growers ETF

A hedge fund recently raised its stake in ProShares MSCI Emerging Markets Dividend Growers ETF stock. Nations Financial Group Inc. IA ADV increased its stake in ProShares MSCI Emerging Markets Dividend Growers ETF (BATS:EMDVFree Report) by 3.1% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 19,328 shares of the company’s stock after acquiring an additional 582 shares during the period. Nations Financial Group Inc. IA ADV owned about 11.04% of ProShares MSCI Emerging Markets Dividend Growers ETF worth $885,000 as of its most recent SEC filing.

ProShares MSCI Emerging Markets Dividend Growers ETF Price Performance

Shares of ProShares MSCI Emerging Markets Dividend Growers ETF stock opened at $46.12 on Thursday. ProShares MSCI Emerging Markets Dividend Growers ETF has a 1 year low of $44.31 and a 1 year high of $48.73. The firm has a market cap of $8.07 million, a PE ratio of 12.95 and a beta of 0.49. The company has a 50 day simple moving average of $47.05 and a two-hundred day simple moving average of $46.69.

ProShares MSCI Emerging Markets Dividend Growers ETF Company Profile

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The ProShares MSCI Emerging Markets Dividend Growers ETF (EMDV) is an exchange-traded fund that is based on the MSCI EM Dividend Masters index. The fund tracks an index composed of companies in the MSCI Emerging Markets Index that have consistent dividend growth for seven years. EMDV was launched on Jan 25, 2016 and is managed by ProShares.

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