Global X Emerging Markets ETF (NYSEARCA:EMM) Short Interest Up 154.7% in April

Global X Emerging Markets ETF (NYSEARCA:EMM) was the target of a significant growth in short interest in April. As of April 15th, there was short interest totaling 12,887 shares, a growth of 154.7% from the March 31st total of 5,060 shares. Based on an average daily trading volume, of 9,197 shares, the days-to-cover ratio is currently 1.4 days. Currently, 0.9% of the company’s shares are sold short.

Institutional Investors Weigh In On Global X Emerging Markets ETF

A number of institutional investors have recently modified their holdings of EMM. Orion Porfolio Solutions LLC acquired a new position in Global X Emerging Markets ETF during the 3rd quarter worth $2,091,000. Susquehanna International Group LLP acquired a new position in Global X Emerging Markets ETF during the 3rd quarter worth $347,000. Jane Street Group LLC acquired a new position in Global X Emerging Markets ETF during the 1st quarter worth $324,000. Finally, OLD Mission Capital LLC acquired a new position in Global X Emerging Markets ETF during the 4th quarter worth $316,000.

Global X Emerging Markets ETF Trading Down 0.2%

Shares of NYSEARCA EMM opened at $41.02 on Tuesday. Global X Emerging Markets ETF has a twelve month low of $25.87 and a twelve month high of $41.29. The stock has a fifty day simple moving average of $37.71 and a 200-day simple moving average of $35.41. The stock has a market capitalization of $58.25 million, a PE ratio of 17.76 and a beta of 0.84.

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.