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

First Trust Latin America AlphaDEX Fund (NASDAQ:FLN) was the recipient of a large decline in short interest in the month of 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. Approximately 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 10,200 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in FLN. Headland Capital LLC purchased a new stake in First Trust Latin America AlphaDEX Fund during the 4th quarter worth approximately $3,091,000. Jane Street Group LLC increased its position in shares of First Trust Latin America AlphaDEX Fund by 27.7% during the third quarter. Jane Street Group LLC now owns 69,053 shares of the company’s stock worth $1,246,000 after acquiring an additional 14,960 shares during the period. Cetera Investment Advisers acquired a new stake in shares of First Trust Latin America AlphaDEX Fund in the fourth quarter valued at $163,000. Coppell Advisory Solutions LLC raised its stake 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 valued at $130,000 after acquiring an additional 5,916 shares in the last quarter. Finally, Cottonwood Capital Advisors LLC boosted its holdings in 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 valued at $465,000 after purchasing an additional 2,730 shares during the period.

First Trust Latin America AlphaDEX Fund Trading Up 0.6 %

First Trust Latin America AlphaDEX Fund stock traded up $0.11 during midday trading on Tuesday, reaching $17.93. 3,819 shares of the stock traded hands, compared to its average volume of 10,359. The firm has a market cap of $15.24 million, a PE ratio of 8.06 and a beta of 1.09. The company has a 50-day simple moving average of $16.49 and a two-hundred day simple moving average of $16.84. First Trust Latin America AlphaDEX Fund has a 12-month low of $15.03 and a 12-month high of $21.07.

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.