Global X Emerging Markets ETF (NYSEARCA:EMM – Get Free Report) saw a large increase in short interest in the month of December. As of December 31st, there was short interest totaling 6,800 shares, an increase of 37.0% from the December 15th total of 4,965 shares. Based on an average trading volume of 25,342 shares, the short-interest ratio is currently 0.3 days. Approximately 0.6% of the shares of the stock are sold short. Approximately 0.6% of the shares of the stock are sold short. Based on an average trading volume of 25,342 shares, the short-interest ratio is currently 0.3 days.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in EMM. Jane Street Group LLC purchased a new stake in shares of Global X Emerging Markets ETF in the 1st quarter worth about $324,000. Sierra Capital LLC acquired a new position in Global X Emerging Markets ETF during the second quarter worth about $413,000. Orion Porfolio Solutions LLC purchased a new stake in shares of Global X Emerging Markets ETF in the third quarter valued at about $2,091,000. Finally, Susquehanna International Group LLP acquired a new stake in shares of Global X Emerging Markets ETF in the third quarter valued at approximately $347,000.
Global X Emerging Markets ETF Stock Down 0.1%
Shares of EMM traded down $0.03 on Friday, reaching $35.84. The stock had a trading volume of 9,107 shares, compared to its average volume of 63,801. Global X Emerging Markets ETF has a twelve month low of $22.98 and a twelve month high of $36.11. The firm has a market capitalization of $47.67 million, a PE ratio of 17.76 and a beta of 0.80. The firm has a 50-day moving average of $33.55 and a 200 day moving average of $31.93.
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.
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