First Trust RiverFront Dynamic Emerging Markets ETF (NASDAQ:RFEM) Short Interest Down 25.8% in February

First Trust RiverFront Dynamic Emerging Markets ETF (NASDAQ:RFEM) saw a large decrease in short interest in February. As of February 28th, there was short interest totalling 4,600 shares, a decrease of 25.8% from the February 13th total of 6,200 shares. Based on an average daily volume of 3,400 shares, the days-to-cover ratio is currently 1.4 days. Approximately 1.0% of the company’s stock are short sold.

Institutional Investors Weigh In On First Trust RiverFront Dynamic Emerging Markets ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Hilltop Holdings Inc. raised its holdings in shares of First Trust RiverFront Dynamic Emerging Markets ETF by 2.2% in the 3rd quarter. Hilltop Holdings Inc. now owns 10,022 shares of the company’s stock worth $683,000 after acquiring an additional 219 shares during the last quarter. J.W. Cole Advisors Inc. increased its stake in First Trust RiverFront Dynamic Emerging Markets ETF by 1.3% in the 4th quarter. J.W. Cole Advisors Inc. now owns 26,387 shares of the company’s stock valued at $1,670,000 after buying an additional 327 shares during the last quarter. GAMMA Investing LLC grew its position in shares of First Trust RiverFront Dynamic Emerging Markets ETF by 26.2% during the 4th quarter. GAMMA Investing LLC now owns 1,932 shares of the company’s stock valued at $122,000 after acquiring an additional 401 shares during the period. World Investment Advisors grew its position in shares of First Trust RiverFront Dynamic Emerging Markets ETF by 9.2% during the 4th quarter. World Investment Advisors now owns 8,848 shares of the company’s stock valued at $560,000 after acquiring an additional 747 shares during the period. Finally, Capasso Planning Partners LLC grew its position in shares of First Trust RiverFront Dynamic Emerging Markets ETF by 12.9% during the 4th quarter. Capasso Planning Partners LLC now owns 7,802 shares of the company’s stock valued at $494,000 after acquiring an additional 894 shares during the period.

First Trust RiverFront Dynamic Emerging Markets ETF Price Performance

Shares of RFEM stock traded up $0.67 on Monday, reaching $67.11. 465 shares of the company were exchanged, compared to its average volume of 2,536. The company has a market cap of $30.20 million, a price-to-earnings ratio of 9.79 and a beta of 0.83. The company has a 50-day moving average of $64.48 and a 200-day moving average of $65.18. First Trust RiverFront Dynamic Emerging Markets ETF has a one year low of $58.94 and a one year high of $70.20.

First Trust RiverFront Dynamic Emerging Markets ETF Company Profile

The First Trust RiverFront Dynamic Emerging Markets ETF (RFEM) is an exchange-traded fund that is based on the Benchmark for RFEM Fund index. The fund is actively-managed to select in emerging market stocks using multiple factors. The manager has discretion to hedge currency exposure up to 100% of the portfolio.