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 drop in short interest in May. As of May 15th, there was short interest totaling 240 shares, a drop of 79.3% from the April 30th total of 1,160 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 5,129 shares, the short-interest ratio is presently 0.0 days.

Global X Emerging Markets Great Consumer ETF Stock Performance

NYSEARCA:EMC traded up $0.06 during mid-day trading on Friday, hitting $37.74. The stock had a trading volume of 11,154 shares, compared to its average volume of 13,033. Global X Emerging Markets Great Consumer ETF has a twelve month low of $27.39 and a twelve month high of $37.85. The stock has a market cap of $66.80 million, a price-to-earnings ratio of 35.27 and a beta of 0.82. The company’s 50 day simple moving average is $34.08 and its 200 day simple moving average is $32.60.

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.