ProShares MSCI Emerging Markets Dividend Growers ETF (BATS:EMDV) Stock Short Interest Falls 86.5%

by · The Markets Daily

ProShares MSCI Emerging Markets Dividend Growers ETF (BATS:EMDV – Get Free Report) was the recipient of a large decline in short interest during the month of September. As of September 15th, there was short interest totaling 177 shares, a decline of 86.5% from the August 31st total of 1,309 shares. Based on an average daily trading volume, of 177 shares, the short-interest ratio is presently 1.0 days. Approximately 0.1% of the shares of the company are short sold.

Institutional Investors Weigh In On ProShares MSCI Emerging Markets Dividend Growers ETF

A hedge fund recently raised its position in ProShares MSCI Emerging Markets Dividend Growers ETF stock. Nations Financial Group Inc. IA ADV boosted its position in ProShares MSCI Emerging Markets Dividend Growers ETF (BATS:EMDV – Free Report) by 3.1% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 19,328 shares of the company’s stock after buying an additional 582 shares during the quarter. Nations Financial Group Inc. IA ADV owned approximately 11.04% of ProShares MSCI Emerging Markets Dividend Growers ETF worth $885,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

ProShares MSCI Emerging Markets Dividend Growers ETF Stock Performance

Shares of BATS:EMDV opened at $45.98 on Friday. The company has a market capitalization of $8.05 million, a P/E ratio of 12.95 and a beta of 0.49. The company’s 50-day moving average is $47.16 and its 200 day moving average is $46.70. ProShares MSCI Emerging Markets Dividend Growers ETF has a fifty-two week low of $44.31 and a fifty-two week high of $48.73.

About ProShares MSCI Emerging Markets Dividend Growers ETF

(Get Free Report)

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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