Global X Emerging Markets ETF (NYSEARCA:EMM) Short Interest Up 53.8% in January

Global X Emerging Markets ETF (NYSEARCA:EMM) was the target of a significant increase in short interest in the month of January. As of January 15th, there was short interest totaling 10,461 shares, an increase of 53.8% from the December 31st total of 6,800 shares. Based on an average trading volume of 69,311 shares, the short-interest ratio is currently 0.2 days. Approximately 0.8% of the company’s stock are sold short. Approximately 0.8% of the company’s stock are sold short. Based on an average trading volume of 69,311 shares, the short-interest ratio is currently 0.2 days.

Global X Emerging Markets ETF Stock Performance

NYSEARCA EMM traded up $0.45 on Monday, reaching $37.13. The company had a trading volume of 22,816 shares, compared to its average volume of 45,246. The firm has a market capitalization of $49.38 million, a price-to-earnings ratio of 17.76 and a beta of 0.80. Global X Emerging Markets ETF has a 1-year low of $22.98 and a 1-year high of $37.56. The company’s fifty day moving average is $34.31 and its 200-day moving average is $32.38.

Hedge Funds Weigh In On Global X Emerging Markets ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of EMM. Susquehanna International Group LLP bought a new stake in shares of Global X Emerging Markets ETF in the third quarter worth $347,000. Jane Street Group LLC acquired a new stake in shares of Global X Emerging Markets ETF in the first quarter valued at about $324,000. Sierra Capital LLC bought a new stake in Global X Emerging Markets ETF in the second quarter valued at approximately $413,000. Finally, Orion Porfolio Solutions LLC bought a new stake in shares of Global X Emerging Markets ETF in the 3rd quarter valued at $2,091,000.

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.