Global X Emerging Markets ETF (NYSEARCA:EMM) Short Interest Update

Global X Emerging Markets ETF (NYSEARCA:EMM) was the target of a large growth in short interest in the month of March. As of March 13th, there was short interest totaling 24,604 shares, a growth of 17.8% from the February 26th total of 20,884 shares. Currently, 1.8% of the company’s shares are short sold. Based on an average trading volume of 55,440 shares, the short-interest ratio is currently 0.4 days.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in EMM. Jane Street Group LLC acquired a new stake in shares of Global X Emerging Markets ETF in the first quarter valued at $324,000. Orion Porfolio Solutions LLC acquired a new position in Global X Emerging Markets ETF during the 3rd quarter worth about $2,091,000. Susquehanna International Group LLP purchased a new position in Global X Emerging Markets ETF during the 3rd quarter valued at about $347,000. Finally, OLD Mission Capital LLC purchased a new position in Global X Emerging Markets ETF during the 4th quarter valued at about $316,000.

Global X Emerging Markets ETF Stock Performance

Shares of EMM stock opened at $35.83 on Thursday. The firm has a market cap of $54.10 million, a P/E ratio of 17.76 and a beta of 0.80. The firm’s 50 day moving average price is $37.18 and its 200-day moving average price is $34.48. Global X Emerging Markets ETF has a one year low of $22.98 and a one year high of $40.40.

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.