Global X Emerging Markets ETF (NYSEARCA:EMM – Get Free Report) was the target of a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 4,876 shares, an increase of 84.2% from the July 15th total of 2,647 shares. Based on an average daily volume of 6,903 shares, the short-interest ratio is currently 0.7 days. Currently, 0.4% of the shares of the company are short sold.
Institutional Inflows and Outflows
A number of institutional investors have recently bought and sold shares of EMM. Jane Street Group LLC purchased a new position in Global X Emerging Markets ETF in the first quarter worth about $324,000. Susquehanna International Group LLP purchased a new stake in shares of Global X Emerging Markets ETF during the 3rd quarter valued at about $347,000. OLD Mission Capital LLC bought a new position in shares of Global X Emerging Markets ETF in the 4th quarter worth approximately $316,000. NewEdge Wealth LLC bought a new position in shares of Global X Emerging Markets ETF in the 1st quarter worth approximately $278,000. Finally, C M Bidwell & Associates Ltd. purchased a new position in shares of Global X Emerging Markets ETF in the second quarter worth approximately $282,000.
Global X Emerging Markets ETF Stock Up 0.5%
EMM traded up $0.24 during mid-day trading on Monday, reaching $44.09. 1,926 shares of the company traded hands, compared to its average volume of 20,735. The company’s fifty day moving average price is $43.25 and its 200-day moving average price is $40.76. The stock has a market capitalization of $57.32 million, a P/E ratio of 17.76 and a beta of 1.02. Global X Emerging Markets ETF has a 52-week low of $29.56 and a 52-week high of $47.54.
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.
See Also
- Five stocks we like better than Global X Emerging Markets ETF
- Commodities Are Booming, But These 3 ETFs Tell Different Stories
- 3 Active ETFs Making Big Moves in August
- This ETF Is Outperforming by Avoiding the S&P 500’s Biggest Problem
- Birkenstock Beats the Skeptics—But Not on EPS
Receive News & Ratings for Global X Emerging Markets ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global X Emerging Markets ETF and related companies with MarketBeat.com's FREE daily email newsletter.
