The stock of Bldrs Emerging Markets 50 Adr Fund (NASDAQ:ADRE) registered a decrease of 2.99% in short interest. ADRE’s total short interest was 19,500 shares in September as published by FINRA. Its down 2.99% from 20,100 shares, reported previously. With 5,400 shares average volume, it will take short sellers 4 days to cover their ADRE’s short positions. About 13,880 shares traded hands or 108.44% up from the average. BLDRS Emerging Markets 50 ADR Index(ETF) (NASDAQ:ADRE) has risen 34.16% since February 8, 2016 and is uptrending. It has outperformed by 17.67% 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 $131.11 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.
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