First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB – Get 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
First Trust Emerging Markets Local Currency Bond ETF Company Profile
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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