Market Vectors Emerging Mkts Local ETF (NYSEARCA:EMLC) saw a large decline in short interest in January. As of January 31st, there was short interest totalling 1,677,892 shares, a decline of 45.0% from the January 12th total of 3,052,052 shares. Based on an average daily volume of 5,475,322 shares, the short-interest ratio is presently 0.3 days.
Market Vectors Emerging Mkts Local ETF (NYSEARCA EMLC) opened at $19.56 on Thursday. Market Vectors Emerging Mkts Local ETF has a one year low of $17.83 and a one year high of $19.91.
The firm also recently announced a monthly dividend, which was paid on Wednesday, February 7th. Shareholders of record on Friday, February 2nd were given a $0.0868 dividend. This is a positive change from Market Vectors Emerging Mkts Local ETF’s previous monthly dividend of $0.08. The ex-dividend date of this dividend was Thursday, February 1st. This represents a $1.04 dividend on an annualized basis and a yield of 5.33%.
Market Vectors Emerging Mkts Local ETF Company Profile
Market Vectors Emerging Markets Local Currency Bond ETF (the Fund) seeks to replicate as closely as possible, the price and yield performance of the J.P. Morgan GBI-EMG Core Index (the Index). The Index provides direct exposure to local currency bonds issued by emerging market governments. The Index tracks regularly traded, liquid, fixed-rate, domestic currency debt issues by emerging market governments.
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