Global X Emerging Markets Great Consumer ETF (NYSEARCA:EMC) Short Interest Update
by Danessa Lincoln · The Markets DailyGlobal X Emerging Markets Great Consumer ETF (NYSEARCA:EMC – Get Free Report) was the recipient of a large drop in short interest during the month of July. As of July 31st, there was short interest totaling 272 shares, a drop of 46.6% from the July 15th total of 509 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 6,557 shares, the days-to-cover ratio is currently 0.0 days.
Global X Emerging Markets Great Consumer ETF Trading Up 0.6%
Shares of NYSEARCA EMC traded up $0.24 during midday trading on Monday, hitting $37.29. 4,052 shares of the company’s stock were exchanged, compared to its average volume of 10,654. The business’s fifty day moving average price is $36.63 and its two-hundred day moving average price is $34.93. The company has a market cap of $57.80 million, a price-to-earnings ratio of 34.85 and a beta of 0.86. Global X Emerging Markets Great Consumer ETF has a 12-month low of $27.88 and a 12-month high of $39.30.
Global X Emerging Markets Great Consumer ETF Company Profile
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.