Global X Emerging Markets ETF (NYSEARCA:EMM – Get Free Report) was the target of a significant growth in short interest during the month of December. As of December 15th, there was short interest totaling 4,965 shares, a growth of 415.6% from the November 30th total of 963 shares. Based on an average daily volume of 3,172 shares, the days-to-cover ratio is presently 1.6 days. Currently, 0.7% of the shares of the stock are short sold. Currently, 0.7% of the shares of the stock are short sold. Based on an average daily volume of 3,172 shares, the days-to-cover ratio is presently 1.6 days.
Global X Emerging Markets ETF Price Performance
EMM stock opened at $33.69 on Thursday. The company has a 50 day moving average price of $32.88 and a 200 day moving average price of $31.30. Global X Emerging Markets ETF has a fifty-two week low of $22.98 and a fifty-two week high of $33.81. The stock has a market capitalization of $24.26 million, a PE ratio of 17.76 and a beta of 0.80.
Hedge Funds Weigh In On Global X Emerging Markets ETF
Large investors have recently made changes to their positions in the company. Orion Porfolio Solutions LLC bought a new position in Global X Emerging Markets ETF in the third quarter valued at about $2,091,000. Sierra Capital LLC acquired a new position in Global X Emerging Markets ETF during the 2nd quarter valued at about $413,000. Jane Street Group LLC bought a new position in shares of Global X Emerging Markets ETF in the 1st quarter valued at about $324,000. Finally, Susquehanna International Group LLP acquired a new stake in shares of Global X Emerging Markets ETF during the 3rd quarter worth approximately $347,000.
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.
Recommended Stories
- Five stocks we like better than Global X Emerging Markets ETF
- Do not delete, read immediately
- INVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting Off
- Can Any Expenses Be Deducted From Capital Gains Tax?
- Buffett, Gates and Bezos Quietly Dumping Stocks—Here’s Why
- Forget AI, This Will Be the Next Big Tech Breakthrough
Receive News & Ratings for Global X Emerging Markets ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global X Emerging Markets ETF and related companies with MarketBeat.com's FREE daily email newsletter.
