abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEM) Short Interest Update

abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEM) was the recipient of a significant decline in short interest during the month of February. As of February 27th, there was short interest totaling 10,381 shares, a decline of 28.4% from the February 12th total of 14,505 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 10,292 shares, the days-to-cover ratio is currently 1.0 days. Based on an average daily trading volume, of 10,292 shares, the days-to-cover ratio is currently 1.0 days. Approximately 0.2% of the shares of the stock are sold short.

abrdn Emerging Markets Dividend Active ETF Stock Performance

Shares of AGEM opened at $40.92 on Friday. The stock has a fifty day moving average of $42.40 and a 200-day moving average of $39.16. The stock has a market capitalization of $225.47 million, a price-to-earnings ratio of 13.90 and a beta of 1.43. abrdn Emerging Markets Dividend Active ETF has a 52 week low of $24.21 and a 52 week high of $45.76.

abrdn Emerging Markets Dividend Active ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Friday, December 19th were paid a $0.1707 dividend. This represents a $0.68 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend was Friday, December 19th.

Institutional Trading of 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 shares of abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEM) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 2,157 shares of the company’s stock, valued at approximately $83,000.

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.