Global X Emerging Markets Great Consumer ETF (NYSEARCA:EMC) Sees Significant Growth in Short Interest

Global X Emerging Markets Great Consumer ETF (NYSEARCA:EMC) was the recipient of a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 509 shares, an increase of 194.2% from the June 30th total of 173 shares. Based on an average trading volume of 4,113 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

Global X Emerging Markets Great Consumer ETF Price Performance

Shares of Global X Emerging Markets Great Consumer ETF stock traded down $0.12 on Monday, hitting $34.82. 3,635 shares of the company’s stock traded hands, compared to its average volume of 11,278. The firm’s 50-day moving average price is $36.95 and its two-hundred day moving average price is $34.51. The stock has a market capitalization of $53.97 million, a PE ratio of 32.54 and a beta of 0.84. Global X Emerging Markets Great Consumer ETF has a one year low of $27.88 and a one year high of $39.30.

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.