Short Interest in Global X Emerging Markets Great Consumer ETF (NYSEARCA:EMC) Drops By 69.9%

Global X Emerging Markets Great Consumer ETF (NYSEARCA:EMC) was the target of a significant drop in short interest in the month of June. As of June 15th, there was short interest totaling 72 shares, a drop of 69.9% from the May 31st total of 239 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 9,752 shares, the days-to-cover ratio is presently 0.0 days.

Global X Emerging Markets Great Consumer ETF Stock Down 0.9%

EMC stock traded down $0.35 during midday trading on Friday, hitting $37.03. The company’s stock had a trading volume of 4,573 shares, compared to its average volume of 12,193. The stock’s 50-day moving average price is $36.65 and its 200 day moving average price is $33.69. Global X Emerging Markets Great Consumer ETF has a 1 year low of $27.88 and a 1 year high of $39.30. The stock has a market cap of $65.54 million, a price-to-earnings ratio of 34.61 and a beta of 0.84.

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.