Bldrs Emerging Markets 50 Adr Fund (NASDAQ:ADRE)’s Trend Unknown, Especially After Increased Shorts

June 20, 2017 - By Kurt Siggers

 Bldrs Emerging Markets 50 Adr Fund (NASDAQ:ADRE)’s Trend Unknown, Especially After Increased Shorts

The stock of Bldrs Emerging Markets 50 Adr Fund (NASDAQ:ADRE) registered an increase of 48.2% in short interest. ADRE’s total short interest was 32,900 shares in June as published by FINRA. Its up 48.2% from 22,200 shares, reported previously. With 10,200 shares average volume, it will take short sellers 3 days to cover their ADRE’s short positions.

About 809 shares traded. BLDRS Emerging Markets 50 ADR Index(ETF) (NASDAQ:ADRE) has risen 29.43% since June 20, 2016 and is uptrending. It has outperformed by 12.73% 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 market cap of $139.92 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.

More important recent BLDRS Emerging Markets 50 ADR Index(ETF) (NASDAQ:ADRE) news were published by: Benzinga.com which released: “Backdoor Brazil With These ETFs” on September 09, 2013, also Investorplace.com published article titled: “7 Top Emerging Markets Stocks to Buy Now”, Fool.com published: “The Best Emerging Market Stock ETFs” on July 07, 2016. More interesting news about BLDRS Emerging Markets 50 ADR Index(ETF) (NASDAQ:ADRE) was released by: Investorplace.com and their article: “Alibaba Group Holding Ltd (BABA): Why Own Anything Else?” with publication date: April 04, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.