Short Interest in Global X Emerging Markets Great Consumer ETF (NYSEARCA:EMC) Declines By 69.9%

Global X Emerging Markets Great Consumer ETF (NYSEARCA:EMC) was the target of a large drop in short interest in June. As of June 15th, there was short interest totaling 72 shares, a drop of 69.9% from the May 31st total of 239 shares. Based on an average trading volume of 9,752 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are short sold.

Global X Emerging Markets Great Consumer ETF Stock Performance

Shares of EMC opened at $36.95 on Tuesday. The stock has a 50 day moving average price of $36.70 and a two-hundred day moving average price of $33.76. The firm has a market capitalization of $65.40 million, a P/E ratio of 34.53 and a beta of 0.84. Global X Emerging Markets Great Consumer ETF has a 52 week low of $27.88 and a 52 week high of $39.30.

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.