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

Global X Emerging Markets Great Consumer ETF (NYSEARCA:EMC) was the recipient of a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 4,719 shares, a growth of 798.9% from the August 31st total of 525 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average daily volume of 4,859 shares, the days-to-cover ratio is currently 1.0 days.

Global X Emerging Markets Great Consumer ETF Trading Down 0.5%

NYSEARCA EMC traded down $0.20 during trading hours on Thursday, reaching $37.64. The company had a trading volume of 4,354 shares, compared to its average volume of 9,705. The stock has a 50-day moving average of $36.68 and a 200 day moving average of $35.69. Global X Emerging Markets Great Consumer ETF has a 1-year low of $27.88 and a 1-year high of $39.30. The stock has a market capitalization of $58.34 million, a P/E ratio of 35.18 and a beta of 0.86.

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.