Global X Emerging Markets Great Consumer ETF (NYSEARCA:EMC) Short Interest Update

Global X Emerging Markets Great Consumer ETF (NYSEARCA:EMC) was the target of a significant growth in short interest in September. As of September 15th, there was short interest totaling 4,719 shares, a growth of 798.9% from the August 31st total of 525 shares. Based on an average daily trading volume, of 4,859 shares, the days-to-cover ratio is currently 1.0 days. Currently, 0.3% of the company’s shares are sold short.

Global X Emerging Markets Great Consumer ETF Price Performance

Shares of EMC stock traded down $0.20 on Thursday, hitting $37.64. The stock had a trading volume of 4,354 shares, compared to its average volume of 9,705. The company’s 50 day moving average price is $36.68 and its 200-day moving average price is $35.69. Global X Emerging Markets Great Consumer ETF has a 1 year low of $27.88 and a 1 year high of $39.30. The firm has a market capitalization of $58.34 million, a P/E ratio of 35.18 and a beta of 0.86.

Global X Emerging Markets Great Consumer ETF Company Profile

The Global X Emerging Markets Great Consumer ETF (EMC) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund that invests in companies across multiple sectors that are positioned to benefit from the increasing consumption and growing purchasing power of consumers from the emerging markets. EMC was launched on Sep 24, 2010 and is managed by Global X.