Could Bldrs Emerging Markets 50 Adr Index Fund (NASDAQ:ADRE) Skyrocket? The Stock Had Too Little Sellers

April 17, 2018 - By Adrian Mccoy

The stock of Bldrs Emerging Markets 50 Adr Index Fund (NASDAQ:ADRE) registered a decrease of 11.11% in short interest. ADRE’s total short interest was 4,000 shares in April as published by FINRA. Its down 11.11% from 4,500 shares, reported previously. With 9,400 shares average volume, it will take short sellers 0 days to cover their ADRE’s short positions.

The ETF decreased 0.15% or $0.0656 during the last trading session, reaching $43.6644. About 771 shares traded. BLDRS Emerging Markets 50 ADR ETF (NASDAQ:ADRE) has risen 19.32% since April 17, 2017 and is uptrending. It has outperformed by 7.77% the S&P500.

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