Global X Emerging Markets Great Consumer ETF (NYSEARCA:EMC) Sees Significant Growth in Short Interest

Global X Emerging Markets Great Consumer ETF (NYSEARCA:EMC) was the recipient of a large increase in short interest in July. As of July 15th, there was short interest totaling 509 shares, an increase of 194.2% from the June 30th total of 173 shares. Based on an average trading volume of 4,113 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

Global X Emerging Markets Great Consumer ETF Trading Down 1.6%

Shares of EMC traded down $0.55 during trading hours on Tuesday, reaching $34.52. 7,370 shares of the company’s stock traded hands, compared to its average volume of 11,255. The stock has a market cap of $53.51 million, a PE ratio of 32.26 and a beta of 0.84. The firm’s 50 day simple moving average is $36.94 and its 200-day simple moving average is $34.53. 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.