First Trust Latin America AlphaDEX Fund (NASDAQ:FLN) Short Interest Up 150.0% in January

First Trust Latin America AlphaDEX Fund (NASDAQ:FLN) saw a significant growth in short interest in January. As of January 15th, there was short interest totalling 3,500 shares, a growth of 150.0% from the December 31st total of 1,400 shares. Based on an average trading volume of 7,800 shares, the short-interest ratio is presently 0.4 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in First Trust Latin America AlphaDEX Fund stock. Cottonwood Capital Advisors LLC boosted its holdings in shares of First Trust Latin America AlphaDEX Fund (NASDAQ:FLN) by 9.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 30,636 shares of the company’s stock after buying an additional 2,730 shares during the period. Cottonwood Capital Advisors LLC owned approximately 3.60% of First Trust Latin America AlphaDEX Fund worth $465,000 as of its most recent filing with the Securities and Exchange Commission.

First Trust Latin America AlphaDEX Fund Stock Up 0.1 %

Shares of First Trust Latin America AlphaDEX Fund stock traded up $0.01 on Friday, hitting $16.58. 705 shares of the company’s stock traded hands, compared to its average volume of 20,011. First Trust Latin America AlphaDEX Fund has a 52-week low of $15.03 and a 52-week high of $21.07. The stock has a market cap of $14.09 million, a P/E ratio of 5.99 and a beta of 1.09. The firm’s 50-day moving average is $15.89 and its 200 day moving average is $17.16.

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.