First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB) Short Interest Update

First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMBGet Free Report) was the recipient of a large decline in short interest in December. As of December 31st, there was short interest totalling 1,100 shares, a decline of 76.1% from the December 15th total of 4,600 shares. Based on an average daily trading volume, of 80,800 shares, the short-interest ratio is currently 0.0 days.

First Trust Emerging Markets Local Currency Bond ETF Stock Up 0.7 %

Shares of NASDAQ:FEMB traded up $0.18 during midday trading on Tuesday, reaching $26.06. The company’s stock had a trading volume of 21,062 shares, compared to its average volume of 68,733. The firm has a 50 day moving average of $26.71 and a 200-day moving average of $27.57. First Trust Emerging Markets Local Currency Bond ETF has a 12-month low of $25.60 and a 12-month high of $30.11.

First Trust Emerging Markets Local Currency Bond ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were issued a $0.1325 dividend. This represents a $1.59 dividend on an annualized basis and a yield of 6.10%. The ex-dividend date was Friday, December 13th.

Hedge Funds Weigh In On First Trust Emerging Markets Local Currency Bond ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. Envestnet Asset Management Inc. grew its stake in shares of First Trust Emerging Markets Local Currency Bond ETF by 24.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 533,138 shares of the company’s stock worth $14,485,000 after buying an additional 103,436 shares during the last quarter. Concurrent Investment Advisors LLC purchased a new stake in shares of First Trust Emerging Markets Local Currency Bond ETF during the third quarter valued at approximately $3,172,000. EWG Elevate Inc. increased its holdings in shares of First Trust Emerging Markets Local Currency Bond ETF by 4.9% in the 4th quarter. EWG Elevate Inc. now owns 62,272 shares of the company’s stock worth $1,618,000 after purchasing an additional 2,931 shares in the last quarter. Flow Traders U.S. LLC increased its holdings in First Trust Emerging Markets Local Currency Bond ETF by 501.6% in the 3rd quarter. Flow Traders U.S. LLC now owns 60,160 shares of the company’s stock worth $1,743,000 after buying an additional 50,160 shares in the last quarter. Finally, CWM LLC lifted its stake in First Trust Emerging Markets Local Currency Bond ETF by 26,208.4% during the 3rd quarter. CWM LLC now owns 56,300 shares of the company’s stock valued at $1,632,000 after acquiring an additional 56,086 shares during the period.

First Trust Emerging Markets Local Currency Bond ETF Company Profile

(Get Free Report)

The First Trust Emerging Markets Local Currency Bond ETF (FEMB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that invests in a broad range of bonds issued by emerging-market sovereign, sub-sovereign and quasi-sovereign entities, denominated in local currencies.

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