Global X Emerging Markets ETF (NYSEARCA:EMM) Short Interest Up 415.6% in December

Global X Emerging Markets ETF (NYSEARCA:EMM) was the target of a significant increase in short interest in the month of December. As of December 15th, there was short interest totaling 4,965 shares, an increase of 415.6% from the November 30th total of 963 shares. Approximately 0.7% of the shares of the company are short sold. Based on an average daily volume of 3,172 shares, the short-interest ratio is currently 1.6 days. Based on an average daily volume of 3,172 shares, the short-interest ratio is currently 1.6 days. Approximately 0.7% of the shares of the company are short sold.

Global X Emerging Markets ETF Price Performance

Shares of EMM stock opened at $33.69 on Thursday. Global X Emerging Markets ETF has a one year low of $22.98 and a one year high of $33.81. The stock has a fifty day moving average price of $32.88 and a 200 day moving average price of $31.30. The stock has a market cap of $24.26 million, a P/E ratio of 17.76 and a beta of 0.80.

Institutional Trading of Global X Emerging Markets ETF

Several institutional investors have recently made changes to their positions in EMM. Susquehanna International Group LLP acquired a new position in Global X Emerging Markets ETF in the third quarter worth about $347,000. Jane Street Group LLC bought a new stake in shares of Global X Emerging Markets ETF in the 1st quarter valued at approximately $324,000. Sierra Capital LLC bought a new stake in shares of Global X Emerging Markets ETF in the 2nd quarter valued at approximately $413,000. Finally, Orion Porfolio Solutions LLC acquired a new position in shares of Global X Emerging Markets ETF in the 3rd quarter worth approximately $2,091,000.

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.