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

Global X Emerging Markets ETF (NYSEARCA:EMM) saw a significant drop in short interest in February. As of February 27th, there was short interest totaling 20,884 shares, a drop of 59.5% from the February 12th total of 51,618 shares. Based on an average daily trading volume, of 21,710 shares, the days-to-cover ratio is currently 1.0 days. Approximately 1.6% of the shares of the company are sold short. Approximately 1.6% of the shares of the company are sold short. Based on an average daily trading volume, of 21,710 shares, the days-to-cover ratio is currently 1.0 days.

Global X Emerging Markets ETF Stock Down 0.4%

Shares of Global X Emerging Markets ETF stock traded down $0.14 during trading on Friday, reaching $35.62. The company’s stock had a trading volume of 5,156 shares, compared to its average volume of 43,126. The business’s 50-day moving average price is $37.11 and its 200-day moving average price is $33.97. Global X Emerging Markets ETF has a 52 week low of $22.98 and a 52 week high of $40.40. The firm has a market cap of $47.37 million, a PE ratio of 17.76 and a beta of 0.80.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the business. OLD Mission Capital LLC acquired a new stake in shares of Global X Emerging Markets ETF in the fourth quarter valued at approximately $316,000. Jane Street Group LLC bought a new position in shares of Global X Emerging Markets ETF in the fourth quarter worth $229,000. Susquehanna International Group LLP acquired a new position in Global X Emerging Markets ETF in the third quarter valued at about $347,000. Orion Porfolio Solutions LLC acquired a new position in Global X Emerging Markets ETF in the third quarter valued at about $2,091,000. Finally, Sierra Capital LLC bought a new stake in Global X Emerging Markets ETF during the second quarter worth about $413,000.

Global X Emerging Markets ETF Company Profile

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.