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

Global X Emerging Markets ETF (NYSEARCA:EMM) was the target of a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 13,789 shares, a growth of 31.8% from the January 15th total of 10,461 shares. Approximately 1.0% of the company’s shares are short sold. Based on an average daily volume of 23,702 shares, the short-interest ratio is currently 0.6 days. Based on an average daily volume of 23,702 shares, the short-interest ratio is currently 0.6 days. Approximately 1.0% of the company’s shares are short sold.

Institutional Trading of Global X Emerging Markets ETF

A number of institutional investors have recently modified their holdings of the company. Jane Street Group LLC purchased a new position in Global X Emerging Markets ETF during the 4th quarter valued at about $229,000. Susquehanna International Group LLP purchased a new position in shares of Global X Emerging Markets ETF during the third quarter valued at approximately $347,000. Sierra Capital LLC bought a new position in shares of Global X Emerging Markets ETF during the second quarter valued at approximately $413,000. Finally, Orion Porfolio Solutions LLC purchased a new stake in Global X Emerging Markets ETF in the third quarter worth $2,091,000.

Global X Emerging Markets ETF Stock Up 0.3%

NYSEARCA:EMM opened at $38.59 on Monday. The firm has a market capitalization of $51.32 million, a P/E ratio of 17.76 and a beta of 0.80. The company has a fifty day moving average of $35.30 and a 200 day moving average of $32.92. Global X Emerging Markets ETF has a 52 week low of $22.98 and a 52 week high of $39.46.

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.