First Trust Latin America AlphaDEX Fund (NASDAQ:FLN) Short Interest Up 40.0% in December

First Trust Latin America AlphaDEX Fund (NASDAQ:FLN) was the recipient of a significant growth in short interest in the month of December. As of December 15th, there was short interest totalling 1,400 shares, a growth of 40.0% from the November 30th total of 1,000 shares. Based on an average daily trading volume, of 6,800 shares, the short-interest ratio is currently 0.2 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Jane Street Group LLC grew its holdings in First Trust Latin America AlphaDEX Fund by 27.7% during the third quarter. Jane Street Group LLC now owns 69,053 shares of the company’s stock valued at $1,246,000 after purchasing an additional 14,960 shares during the last quarter. Cottonwood Capital Advisors LLC lifted its position in First Trust Latin America AlphaDEX Fund by 53.3% during the 3rd quarter. Cottonwood Capital Advisors LLC now owns 27,906 shares of the company’s stock worth $503,000 after acquiring an additional 9,703 shares during the last quarter. Finally, Horizon Advisory Services Inc. lifted its position in First Trust Latin America AlphaDEX Fund by 3.2% during the 2nd quarter. Horizon Advisory Services Inc. now owns 22,133 shares of the company’s stock worth $390,000 after acquiring an additional 691 shares during the last quarter.

First Trust Latin America AlphaDEX Fund Stock Performance

Shares of First Trust Latin America AlphaDEX Fund stock traded down $0.22 during trading on Monday, hitting $15.15. 8,265 shares of the stock traded hands, compared to its average volume of 17,099. The stock has a market cap of $15.15 million, a P/E ratio of 5.99 and a beta of 1.09. The company has a fifty day moving average price of $16.54 and a two-hundred day moving average price of $17.56. First Trust Latin America AlphaDEX Fund has a twelve month low of $15.15 and a twelve month high of $21.07.

First Trust Latin America AlphaDEX Fund Company Profile

The First Trust Latin America AlphaDEX Fund (FLN) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Latin America index. The fund tracks an index of Latin American firms screened based on a proprietary methodology, using various factors and weighted in tiers. FLN was launched on Apr 18, 2011 and is managed by First Trust.