Global X Emerging Markets Great Consumer ETF (NYSEARCA:EMC) Shares Shorted: Short Interest Down 47.4% in October

Global X Emerging Markets Great Consumer ETF (NYSEARCA:EMC) saw a significant decline in short interest in October. As of October 15th, there was short interest totaling 6,112 shares, a decline of 47.4% from the September 30th total of 11,620 shares. Currently, 0.4% of the shares of the company are sold short. Based on an average daily volume of 1,581 shares, the days-to-cover ratio is presently 3.9 days.

Global X Emerging Markets Great Consumer ETF Price Performance

EMC stock traded down $0.88 during mid-day trading on Friday, hitting $33.57. 2,944 shares of the stock were exchanged, compared to its average volume of 8,783. Global X Emerging Markets Great Consumer ETF has a 12 month low of $27.88 and a 12 month high of $39.30. The business has a fifty day moving average price of $36.66 and a 200 day moving average price of $35.25. The stock has a market capitalization of $52.03 million, a price-to-earnings ratio of 31.37 and a beta of 0.86.

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.