Global X Emerging Markets ETF (NYSEARCA:EMM) Short Interest Up 37.0% in December

Global X Emerging Markets ETF (NYSEARCA:EMM) saw a large growth in short interest in December. As of December 31st, there was short interest totaling 6,800 shares, a growth of 37.0% from the December 15th total of 4,965 shares. Based on an average daily volume of 25,342 shares, the short-interest ratio is currently 0.3 days. Approximately 0.6% of the company’s shares are short sold. Approximately 0.6% of the company’s shares are short sold. Based on an average daily volume of 25,342 shares, the short-interest ratio is currently 0.3 days.

Institutional Investors Weigh In On Global X Emerging Markets ETF

Several institutional investors have recently bought and sold shares of the stock. Jane Street Group LLC purchased a new position in Global X Emerging Markets ETF in the 1st quarter worth approximately $324,000. Sierra Capital LLC purchased a new position in shares of Global X Emerging Markets ETF in the second quarter worth $413,000. Orion Porfolio Solutions LLC bought a new stake in Global X Emerging Markets ETF during the 3rd quarter valued at $2,091,000. Finally, Susquehanna International Group LLP bought a new stake in Global X Emerging Markets ETF during the 3rd quarter valued at $347,000.

Global X Emerging Markets ETF Price Performance

Global X Emerging Markets ETF stock traded down $0.03 during mid-day trading on Friday, hitting $35.84. The company’s stock had a trading volume of 9,107 shares, compared to its average volume of 63,801. The business has a 50 day moving average price of $33.55 and a 200-day moving average price of $31.94. Global X Emerging Markets ETF has a 12 month low of $22.98 and a 12 month high of $36.11. The stock has a market cap of $47.67 million, a price-to-earnings ratio of 17.76 and a beta of 0.80.

Global X Emerging Markets ETF Company Profile

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.