Global X Emerging Markets ETF (NYSEARCA:EMM) Short Interest Update

Global X Emerging Markets ETF (NYSEARCA:EMM) saw a significant decline in short interest during the month of March. As of March 31st, there was short interest totaling 5,060 shares, a decline of 79.4% from the March 15th total of 24,604 shares. Based on an average daily volume of 21,456 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.3% of the company’s shares are short sold.

Global X Emerging Markets ETF Price Performance

Shares of Global X Emerging Markets ETF stock traded up $0.49 during trading on Monday, hitting $38.87. The company’s stock had a trading volume of 1,610 shares, compared to its average volume of 35,397. Global X Emerging Markets ETF has a 52 week low of $24.67 and a 52 week high of $40.40. The stock has a market cap of $58.69 million, a price-to-earnings ratio of 17.76 and a beta of 0.84. The stock has a 50-day moving average price of $37.24 and a two-hundred day moving average price of $34.82.

Institutional Trading of Global X Emerging Markets ETF

Institutional investors have recently modified their holdings of the business. Jane Street Group LLC bought a new stake in shares of Global X Emerging Markets ETF in the fourth quarter worth $229,000. OLD Mission Capital LLC bought a new stake in shares of Global X Emerging Markets ETF in the fourth quarter worth $316,000. Susquehanna International Group LLP bought a new stake in shares of Global X Emerging Markets ETF in the third quarter worth $347,000. Finally, Orion Porfolio Solutions LLC bought a new stake in shares of Global X Emerging Markets ETF in the third quarter worth $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.