November 23, 2016 - By Marie Mckinney · 0 Comments
The stock of Bldrs Emerging Markets 50 Adr Fund (NASDAQ:ADRE) registered an increase of 16.59% in short interest. ADRE’s total short interest was 23,900 shares in November as published by FINRA. Its up 16.59% from 20,500 shares, reported previously. With 6,500 shares average volume, it will take short sellers 4 days to cover their ADRE’s short positions. About 4,770 shares traded hands. BLDRS Emerging Markets 50 ADR Index(ETF) (NASDAQ:ADRE) has risen 3.79% since April 21, 2016 and is uptrending. It has underperformed by 1.54% the S&P500.
BLDRS Emerging Markets 50 ADR Index Fund is an exchange-traded fund based on the BNY Mellon Emerging Markets 50 ADR Index (the Index). The ETF has a market cap of $122.65 million. The Fund normally holds at least 95% of its total assets in Depositary Receipts that comprise the Index. It currently has negative earnings. The Index is capitalization-weighted and designed to track the performance of approximately 50 emerging market depositary receipts.
BLDRS Emerging Markets 50 ADR Index Fund (the Fund) is a unit investment trust designed to provide investment results that correspond generally to the price and yield performance of the publicly traded depositary receipts comprising The Bank of New York Emerging Markets 50 ADR Index. As of September 30, 2006, The BNY Emerging Markets 50 ADR Index included 50 component depositary receipts representing the securities issued by 50 of the most actively traded companies from the international and emerging markets having a free-float market capitalization ranging from approximately $3 billion to over $30 billion.
More notable recent BLDRS Emerging Markets 50 ADR Index(ETF) (NASDAQ:ADRE) news were published by: Fool.com which released: “The Best Emerging Market Stock ETFs” on July 07, 2016, also Benzinga.com with their article: “Backdoor Brazil With These ETFs” published on September 09, 2013, Etftrends.com published: “Best Emerging Market ETFs” on February 22, 2012. More interesting news about BLDRS Emerging Markets 50 ADR Index(ETF) (NASDAQ:ADRE) were released by: Zacks.com and their article: “Market Welcomes Alibaba First Guidance: ETFs to Ride On” published on June 15, 2016 as well as Nasdaq.com‘s news article titled: “Alibaba Beats But Shares Fall: Should You Buy Its ETFs?” with publication date: January 29, 2016.
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By Marie Mckinney