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

First Trust Latin America AlphaDEX Fund (NASDAQ:FLN) saw a large decline in short interest in the month of February. As of February 28th, there was short interest totalling 1,000 shares, a decline of 28.6% from the February 13th total of 1,400 shares. Based on an average daily volume of 10,200 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the shares of the company are sold short.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of FLN. Jane Street Group LLC grew its stake in First Trust Latin America AlphaDEX Fund by 27.7% in the 3rd quarter. Jane Street Group LLC now owns 69,053 shares of the company’s stock valued at $1,246,000 after buying an additional 14,960 shares in the last quarter. Cottonwood Capital Advisors LLC grew its position in shares of First Trust Latin America AlphaDEX Fund by 9.8% during the 4th quarter. Cottonwood Capital Advisors LLC now owns 30,636 shares of the company’s stock valued at $465,000 after purchasing an additional 2,730 shares in the last quarter. OLD Mission Capital LLC grew its position in shares of First Trust Latin America AlphaDEX Fund by 7.1% during the 4th quarter. OLD Mission Capital LLC now owns 21,006 shares of the company’s stock valued at $319,000 after purchasing an additional 1,387 shares in the last quarter. Coppell Advisory Solutions LLC grew its position in shares of First Trust Latin America AlphaDEX Fund by 225.1% during the 4th quarter. Coppell Advisory Solutions LLC now owns 8,544 shares of the company’s stock valued at $130,000 after purchasing an additional 5,916 shares in the last quarter. Finally, Headland Capital LLC purchased a new position in shares of First Trust Latin America AlphaDEX Fund during the 4th quarter valued at $3,091,000.

First Trust Latin America AlphaDEX Fund Trading Up 0.5 %

Shares of NASDAQ:FLN traded up $0.09 during mid-day trading on Monday, reaching $17.75. The company had a trading volume of 1,558 shares, compared to its average volume of 10,490. The firm has a market cap of $15.09 million, a price-to-earnings ratio of 8.06 and a beta of 1.09. The company’s 50-day moving average price is $16.44 and its 200-day moving average price is $16.85. First Trust Latin America AlphaDEX Fund has a one year low of $15.03 and a one year 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.