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

First Trust Latin America AlphaDEX Fund (NASDAQ:FLN) saw a significant decline in short interest in 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. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 10,200 shares, the short-interest ratio is currently 0.1 days.

First Trust Latin America AlphaDEX Fund Trading Up 3.9 %

Shares of NASDAQ:FLN traded up $0.66 during mid-day trading on Friday, reaching $17.66. The stock had a trading volume of 5,027 shares, compared to its average volume of 10,674. The company has a market cap of $15.01 million, a P/E ratio of 8.06 and a beta of 1.09. First Trust Latin America AlphaDEX Fund has a 1 year low of $15.03 and a 1 year high of $21.07. The business’s 50 day moving average price is $16.44 and its 200 day moving average price is $16.86.

Institutional Investors Weigh In On First Trust Latin America AlphaDEX Fund

Hedge funds have recently made changes to their positions in the company. Cetera Investment Advisers purchased a new stake in shares of First Trust Latin America AlphaDEX Fund in the fourth quarter worth about $163,000. Headland Capital LLC purchased a new stake in shares of First Trust Latin America AlphaDEX Fund in the fourth quarter worth about $3,091,000. Coppell Advisory Solutions LLC lifted its position in shares of First Trust Latin America AlphaDEX Fund by 225.1% in the fourth quarter. Coppell Advisory Solutions LLC now owns 8,544 shares of the company’s stock worth $130,000 after buying an additional 5,916 shares in the last quarter. OLD Mission Capital LLC lifted its position in shares of First Trust Latin America AlphaDEX Fund by 7.1% in the fourth quarter. OLD Mission Capital LLC now owns 21,006 shares of the company’s stock worth $319,000 after buying an additional 1,387 shares in the last quarter. Finally, Cottonwood Capital Advisors LLC lifted its position in shares of First Trust Latin America AlphaDEX Fund by 9.8% in the fourth quarter. Cottonwood Capital Advisors LLC now owns 30,636 shares of the company’s stock worth $465,000 after buying an additional 2,730 shares in the last quarter.

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.