SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV) Short Interest Down 60.3% in June

by · The Markets Daily

SPDR S&P Emerging Markets Dividend ETF (NYSEARCA:EDIV – Get Free Report) saw a large decline in short interest during the month of June. As of June 15th, there was short interest totaling 19,267 shares, a decline of 60.3% from the May 31st total of 48,517 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 101,569 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Private Trust Co. NA grew its holdings in SPDR S&P Emerging Markets Dividend ETF by 10.0% during the 4th quarter. Private Trust Co. NA now owns 2,742 shares of the company’s stock valued at $107,000 after buying an additional 250 shares in the last quarter. InTrack Investment Management Inc lifted its holdings in shares of SPDR S&P Emerging Markets Dividend ETF by 3.4% in the fourth quarter. InTrack Investment Management Inc now owns 8,228 shares of the company’s stock worth $322,000 after buying an additional 271 shares in the last quarter. Stratos Wealth Partners LTD. lifted its holdings in shares of SPDR S&P Emerging Markets Dividend ETF by 3.4% in the fourth quarter. Stratos Wealth Partners LTD. now owns 11,780 shares of the company’s stock worth $461,000 after buying an additional 386 shares in the last quarter. Summit Global Investments boosted its position in shares of SPDR S&P Emerging Markets Dividend ETF by 0.6% in the fourth quarter. Summit Global Investments now owns 62,446 shares of the company’s stock valued at $2,445,000 after acquiring an additional 390 shares during the period. Finally, Thoroughbred Financial Services LLC grew its stake in SPDR S&P Emerging Markets Dividend ETF by 5.6% during the fourth quarter. Thoroughbred Financial Services LLC now owns 8,141 shares of the company’s stock valued at $318,000 after acquiring an additional 434 shares in the last quarter.

SPDR S&P Emerging Markets Dividend ETF Stock Up 0.1%

NYSEARCA EDIV traded up $0.06 during trading hours on Tuesday, reaching $40.96. 77,945 shares of the company were exchanged, compared to its average volume of 177,446. SPDR S&P Emerging Markets Dividend ETF has a 1 year low of $37.81 and a 1 year high of $43.49. The business’s 50 day simple moving average is $41.20 and its 200-day simple moving average is $40.74. The stock has a market capitalization of $1.22 billion, a P/E ratio of 10.27 and a beta of 0.48.

SPDR S&P Emerging Markets Dividend ETF Company Profile

(Get Free Report)

The SPDR S&P Emerging Markets Dividend ETF (EDIV) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks a yield-weighted index of high-dividend-paying firms in emerging markets. The index screens for 3-year positive earnings growth and profitability. EDIV was launched on Feb 23, 2011 and is managed by State Street.

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