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

Global X Emerging Markets Great Consumer ETF (NYSEARCA:EMC) saw a significant decline in short interest during the month of May. As of May 15th, there was short interest totaling 240 shares, a decline of 79.3% from the April 30th total of 1,160 shares. Based on an average daily trading volume, of 5,129 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s stock are short sold.

Global X Emerging Markets Great Consumer ETF Stock Performance

Shares of NYSEARCA EMC traded up $0.06 during mid-day trading on Friday, reaching $37.74. 11,154 shares of the company traded hands, compared to its average volume of 13,033. The company’s fifty day moving average is $34.08 and its two-hundred day moving average is $32.60. Global X Emerging Markets Great Consumer ETF has a fifty-two week low of $27.39 and a fifty-two week high of $37.85. The stock has a market cap of $66.80 million, a PE ratio of 35.27 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.