Short Interest in Global X Emerging Markets Great Consumer ETF (NYSEARCA:EMC) Decreases By 50.9%

Global X Emerging Markets Great Consumer ETF (NYSEARCA:EMC) was the recipient of a large decrease in short interest in April. As of April 30th, there was short interest totaling 1,160 shares, a decrease of 50.9% from the April 15th total of 2,361 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 6,192 shares, the short-interest ratio is presently 0.2 days.

Global X Emerging Markets Great Consumer ETF Stock Performance

Shares of EMC stock traded down $1.40 during trading hours on Friday, hitting $35.65. 3,368 shares of the company were exchanged, compared to its average volume of 13,851. The firm has a market cap of $63.10 million, a P/E ratio of 33.32 and a beta of 0.82. Global X Emerging Markets Great Consumer ETF has a fifty-two week low of $27.39 and a fifty-two week high of $37.56. The company has a 50 day simple moving average of $33.25 and a two-hundred day simple moving average of $32.25.

Global X Emerging Markets Great Consumer ETF Company Profile

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.