abrdn Emerging Markets Dividend Active ETF (NASDAQ:AGEM – Get Free Report) saw a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 3,182 shares, a growth of 86.8% from the September 30th total of 1,703 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 12,428 shares, the short-interest ratio is presently 0.3 days.
abrdn Emerging Markets Dividend Active ETF Price Performance
AGEM stock opened at $44.42 on Friday. The company has a market capitalization of $335.82 million, a P/E ratio of 13.90 and a beta of 1.04. The business has a 50-day moving average price of $48.22 and a 200 day moving average price of $46.17. abrdn Emerging Markets Dividend Active ETF has a 1-year low of $36.29 and a 1-year high of $51.50.
abrdn Emerging Markets Dividend Active ETF Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Tuesday, September 22nd were given a $0.5559 dividend. This represents a $2.22 dividend on an annualized basis and a dividend yield of 5.0%. The ex-dividend date of this dividend was Tuesday, September 22nd. This is an increase from abrdn Emerging Markets Dividend Active ETF’s previous quarterly dividend of $0.2716.
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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