First Trust Latin America AlphaDEX Fund (NASDAQ:FLN) Short Interest Update

First Trust Latin America AlphaDEX Fund (NASDAQ:FLN) was the target of a large growth in short interest in December. As of December 31st, there was short interest totalling 3,500 shares, a growth of 150.0% from the December 15th total of 1,400 shares. Based on an average daily trading volume, of 7,800 shares, the short-interest ratio is presently 0.4 days.

Hedge Funds Weigh In On First Trust Latin America AlphaDEX Fund

Institutional investors have recently bought and sold shares of the company. Horizon Advisory Services Inc. raised its holdings 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 valued at $390,000 after acquiring an additional 691 shares during the period. Cottonwood Capital Advisors LLC raised its holdings 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 valued at $503,000 after acquiring an additional 9,703 shares during the period. Finally, Jane Street Group LLC raised its holdings in First Trust Latin America AlphaDEX Fund by 27.7% during the 3rd quarter. Jane Street Group LLC now owns 69,053 shares of the company’s stock valued at $1,246,000 after acquiring an additional 14,960 shares during the period.

First Trust Latin America AlphaDEX Fund Price Performance

Shares of NASDAQ FLN traded up $0.16 during midday trading on Tuesday, reaching $15.39. The company’s stock had a trading volume of 7,130 shares, compared to its average volume of 5,454. First Trust Latin America AlphaDEX Fund has a 12-month low of $15.03 and a 12-month high of $21.07. The firm has a 50 day moving average price of $16.13 and a 200-day moving average price of $17.35. The stock has a market capitalization of $13.08 million, a P/E ratio of 5.99 and a beta of 1.09.

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.