First Trust Active Factor Emerging Markets ETF (NASDAQ:AFEM) Stock Short Interest Report for October

First Trust Active Factor Emerging Markets ETF (NASDAQ:AFEM) was the target of a large increase in short interest in the month of October. As of October 30th, there was short interest totaling 2,390 shares, an increase of 206.8% from the October 15th total of 779 shares. Based on an average trading volume of 4,086 shares, the short-interest ratio is presently 0.6 days. Currently, 0.3% of the company’s shares are short sold.

Institutional Investors Weigh In On First Trust Active Factor Emerging Markets ETF

Several institutional investors have recently added to or reduced their stakes in the business. Farther Finance Advisors LLC boosted its position in shares of First Trust Active Factor Emerging Markets ETF by 56.8% in the 3rd quarter. Farther Finance Advisors LLC now owns 9,648 shares of the company’s stock valued at $945,000 after purchasing an additional 3,495 shares during the period. Cetera Investment Advisers grew its position in First Trust Active Factor Emerging Markets ETF by 6.1% in the 1st quarter. Cetera Investment Advisers now owns 28,554 shares of the company’s stock valued at $2,346,000 after buying an additional 1,645 shares during the last quarter. GAMMA Investing LLC boosted its holdings in shares of First Trust Active Factor Emerging Markets ETF by 67.2% in the third quarter. GAMMA Investing LLC now owns 3,160 shares of the company’s stock valued at $310,000 after acquiring an additional 1,270 shares in the last quarter. Finally, International Assets Investment Management LLC increased its position in First Trust Active Factor Emerging Markets ETF by 27.3% during the 1st quarter. International Assets Investment Management LLC now owns 853 shares of the company’s stock worth $70,000 after purchasing an additional 183 shares during the period.

First Trust Active Factor Emerging Markets ETF Stock Performance

Shares of NASDAQ AFEM traded down $1.99 during mid-day trading on Thursday, reaching $89.78. 1,803 shares of the company’s stock were exchanged, compared to its average volume of 4,502. First Trust Active Factor Emerging Markets ETF has a 52-week low of $75.86 and a 52-week high of $100.83. The firm has a market capitalization of $76.31 million, a price-to-earnings ratio of 10.85 and a beta of 0.83. The company’s 50-day moving average is $96.28 and its 200-day moving average is $92.14.

First Trust Active Factor Emerging Markets ETF Company Profile

First Trust Active Factor Emerging Markets ETF (NASDAQ: AFEM) is an exchange-traded fund managed by First Trust Advisors L.P. The fund seeks long-term capital appreciation by investing primarily in equity securities of companies located in emerging-market countries. AFEM uses an actively managed, factor-based investment approach to evaluate potential investments across emerging markets. Its portfolio may emphasize companies displaying characteristics such as attractive valuation, strong momentum, favorable quality measures or other factors identified through the fund’s investment process.