Global X Emerging Markets ETF (NYSEARCA:EMM) Short Interest Update

Global X Emerging Markets ETF (NYSEARCA:EMM) was the target of a large growth in short interest during the month of March. As of March 13th, there was short interest totaling 24,604 shares, a growth of 17.8% from the February 26th total of 20,884 shares. Currently, 1.8% of the shares of the company are sold short. Based on an average daily trading volume, of 55,440 shares, the short-interest ratio is currently 0.4 days.

Global X Emerging Markets ETF Stock Up 1.5%

EMM traded up $0.54 during trading on Wednesday, reaching $35.91. The company’s stock had a trading volume of 4,185 shares, compared to its average volume of 38,253. The firm has a fifty day simple moving average of $37.18 and a two-hundred day simple moving average of $34.47. The company has a market cap of $54.22 million, a price-to-earnings ratio of 17.76 and a beta of 0.80. Global X Emerging Markets ETF has a 1 year low of $22.98 and a 1 year high of $40.40.

Institutional Investors Weigh In On Global X Emerging Markets ETF

Large investors have recently added to or reduced their stakes in the business. Orion Porfolio Solutions LLC purchased a new stake in Global X Emerging Markets ETF during the third quarter worth approximately $2,091,000. Jane Street Group LLC purchased a new stake in shares of Global X Emerging Markets ETF during the first quarter worth approximately $324,000. Susquehanna International Group LLP purchased a new position in Global X Emerging Markets ETF during the 3rd quarter worth $347,000. Finally, OLD Mission Capital LLC purchased a new position in Global X Emerging Markets ETF during the fourth quarter worth about $316,000.

About Global X Emerging Markets ETF

The Global X Emerging Markets ETF (EMM) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests in stocks of emerging market companies of all sizes that are believed to be future leaders within their respective markets. EMM was launched on Sep 24, 2010 and is managed by Global X.