Global X Emerging Markets ETF (NYSEARCA:EMM) Stock Short Interest Report for September

Global X Emerging Markets ETF (NYSEARCA:EMM) was the target of a large decline in short interest in September. As of September 30th, there was short interest totaling 4,251 shares, a decline of 86.1% from the September 15th total of 30,505 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average daily trading volume, of 1,556 shares, the days-to-cover ratio is presently 2.7 days.

Global X Emerging Markets ETF Price Performance

EMM traded up $0.72 during midday trading on Friday, hitting $44.32. 12,011 shares of the company’s stock traded hands, compared to its average volume of 17,855. The company has a market cap of $58.95 million, a PE ratio of 17.76 and a beta of 1.03. The stock’s fifty day simple moving average is $44.24 and its 200-day simple moving average is $42.63. Global X Emerging Markets ETF has a one year low of $31.09 and a one year high of $47.54.

Institutional Investors Weigh In On Global X Emerging Markets ETF

Institutional investors and hedge funds have recently modified their holdings of the business. NewEdge Wealth LLC acquired a new position in Global X Emerging Markets ETF during the first quarter worth $278,000. Citadel Advisors LLC acquired a new position in shares of Global X Emerging Markets ETF during the 2nd quarter valued at about $623,000. Finally, NewEdge Advisors LLC acquired a new position in shares of Global X Emerging Markets ETF during the 2nd quarter valued at about $1,789,000.

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.