Global X Emerging Markets ETF (NYSEARCA:EMM) Short Interest Up 415.6% in December

Global X Emerging Markets ETF (NYSEARCA:EMM) saw a large growth in short interest during the month of December. As of December 15th, there was short interest totaling 4,965 shares, a growth of 415.6% from the November 30th total of 963 shares. Approximately 0.7% of the company’s stock are short sold. Based on an average daily volume of 3,172 shares, the short-interest ratio is currently 1.6 days. Based on an average daily volume of 3,172 shares, the short-interest ratio is currently 1.6 days. Approximately 0.7% of the company’s stock are short sold.

Global X Emerging Markets ETF Stock Up 0.2%

Shares of NYSEARCA EMM opened at $33.75 on Friday. The stock has a market capitalization of $24.30 million, a P/E ratio of 17.76 and a beta of 0.80. The firm’s 50-day moving average price is $32.94 and its two-hundred day moving average price is $31.35. Global X Emerging Markets ETF has a 52-week low of $22.98 and a 52-week high of $33.81.

Institutional Investors Weigh In On Global X Emerging Markets ETF

Institutional investors have recently added to or reduced their stakes in the company. Susquehanna International Group LLP bought a new stake in shares of Global X Emerging Markets ETF in the 3rd quarter worth approximately $347,000. Orion Porfolio Solutions LLC purchased a new position in Global X Emerging Markets ETF during the 3rd quarter valued at about $2,091,000. Sierra Capital LLC acquired a new position in shares of Global X Emerging Markets ETF in the 2nd quarter valued at about $413,000. Finally, Jane Street Group LLC purchased a new position in shares of Global X Emerging Markets ETF during the 1st quarter valued at $324,000.

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.