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

First Trust Latin America AlphaDEX Fund (NASDAQ:FLN) saw a large drop in short interest in February. As of February 28th, there was short interest totalling 1,000 shares, a drop 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 currently 0.1 days.

First Trust Latin America AlphaDEX Fund Stock Up 0.5 %

FLN traded up $0.09 on Monday, reaching $17.75. 1,558 shares of the company traded hands, compared to its average volume of 10,490. First Trust Latin America AlphaDEX Fund has a one year low of $15.03 and a one year high of $21.07. The firm has a fifty day simple moving average of $16.44 and a two-hundred day simple moving average of $16.85. The company has a market cap of $15.09 million, a P/E ratio of 8.06 and a beta of 1.09.

Institutional Investors Weigh In On First Trust Latin America AlphaDEX Fund

Several large investors have recently modified their holdings of FLN. Headland Capital LLC bought a new stake in shares of First Trust Latin America AlphaDEX Fund in the 4th quarter valued at about $3,091,000. Jane Street Group LLC grew its position in shares of First Trust Latin America AlphaDEX Fund by 27.7% in the 3rd quarter. Jane Street Group LLC now owns 69,053 shares of the company’s stock worth $1,246,000 after buying an additional 14,960 shares during the last quarter. Cetera Investment Advisers purchased a new position in shares of First Trust Latin America AlphaDEX Fund in the 4th quarter worth approximately $163,000. Coppell Advisory Solutions LLC grew its position in shares of First Trust Latin America AlphaDEX Fund by 225.1% in the 4th 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 during the last quarter. Finally, Cottonwood Capital Advisors LLC grew its position in shares of First Trust Latin America AlphaDEX Fund by 9.8% in the 4th 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 during the last quarter.

About First Trust Latin America AlphaDEX Fund

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.