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

Global X Emerging Markets Great Consumer ETF (NYSEARCA:EMC) was the target of a significant decrease in short interest during the month of April. As of April 30th, there was short interest totaling 1,160 shares, a decrease of 50.9% from the April 15th total of 2,361 shares. Based on an average daily volume of 6,192 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the company’s stock are short sold.

Global X Emerging Markets Great Consumer ETF Stock Down 3.8%

EMC traded down $1.40 during trading hours on Friday, hitting $35.65. 3,368 shares of the company’s stock were exchanged, compared to its average volume of 13,851. Global X Emerging Markets Great Consumer ETF has a 1-year low of $27.39 and a 1-year high of $37.56. The stock’s 50-day moving average is $33.25 and its two-hundred day moving average is $32.26. The stock has a market cap of $63.10 million, a price-to-earnings ratio of 33.32 and a beta of 0.82.

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.