Global X Emerging Markets Great Consumer ETF (NYSEARCA:EMC) Stock Short Interest Jumps 146.2%

Global X Emerging Markets Great Consumer ETF (NYSEARCA:EMC) was the recipient of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 11,620 shares, an increase of 146.2% from the September 15th total of 4,719 shares. Based on an average daily volume of 4,963 shares, the days-to-cover ratio is currently 2.3 days. Approximately 0.7% of the shares of the company are sold short.

Global X Emerging Markets Great Consumer ETF Trading Down 2.3%

Global X Emerging Markets Great Consumer ETF stock traded down $0.82 during trading hours on Wednesday, reaching $35.60. 1,173 shares of the company were exchanged, compared to its average volume of 9,206. The firm has a market cap of $55.18 million, a price-to-earnings ratio of 33.27 and a beta of 0.86. The stock has a 50-day moving average of $37.21 and a 200 day moving average of $36.21. Global X Emerging Markets Great Consumer ETF has a 12 month low of $27.88 and a 12 month high of $39.30.

About Global X Emerging Markets Great Consumer ETF

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.