Short Interest in Global X Emerging Markets ETF (NYSEARCA:EMM) Declines By 59.5%

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

Institutional Trading of Global X Emerging Markets ETF

A number of large investors have recently bought and sold shares of EMM. Jane Street Group LLC acquired a new stake in shares of Global X Emerging Markets ETF in the 4th quarter valued at $229,000. OLD Mission Capital LLC bought a new position in shares of Global X Emerging Markets ETF in the fourth quarter valued at approximately $316,000. Susquehanna International Group LLP acquired a new position in shares of Global X Emerging Markets ETF in the 3rd quarter worth approximately $347,000. Sierra Capital LLC acquired a new position in shares of Global X Emerging Markets ETF in the 2nd quarter worth approximately $413,000. Finally, Orion Porfolio Solutions LLC bought a new stake in Global X Emerging Markets ETF during the 3rd quarter worth approximately $2,091,000.

Global X Emerging Markets ETF Stock Up 0.4%

Shares of EMM opened at $36.96 on Wednesday. The company has a 50-day moving average price of $37.01 and a two-hundred day moving average price of $33.90. The stock has a market cap of $49.16 million, a price-to-earnings ratio of 17.76 and a beta of 0.80. Global X Emerging Markets ETF has a 12 month low of $22.98 and a 12 month high of $40.40.

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.