Global X MSCI SuperDividend Emerging Markets ETF (NYSEARCA:SDEM) Short Interest Update

Global X MSCI SuperDividend Emerging Markets ETF (NYSEARCA:SDEM) was the recipient of a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 2,409 shares, an increase of 102.4% from the July 30th total of 1,190 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 3,058 shares, the days-to-cover ratio is presently 0.8 days.

Global X MSCI SuperDividend Emerging Markets ETF Price Performance

Shares of Global X MSCI SuperDividend Emerging Markets ETF stock opened at $33.45 on Monday. The stock has a market cap of $45.16 million, a price-to-earnings ratio of 8.53 and a beta of 0.51. The firm’s 50-day moving average is $32.77 and its 200 day moving average is $32.65. Global X MSCI SuperDividend Emerging Markets ETF has a 1 year low of $27.08 and a 1 year high of $34.15.

Global X MSCI SuperDividend Emerging Markets ETF Company Profile

The Global X MSCI SuperDividend Emerging Markets ETF (SDEM) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund follows an equal-weighted index of emerging market countries. The index selects stocks by highest dividend yield, excluding those ranking low on price return. SDEM was launched on Mar 17, 2015 and is managed by Global X.