First Trust Latin America AlphaDEX Fund (NASDAQ:FLN) Short Interest Up 40.0% in December

First Trust Latin America AlphaDEX Fund (NASDAQ:FLN) saw a significant increase in short interest in December. As of December 15th, there was short interest totalling 1,400 shares, an increase of 40.0% from the November 30th total of 1,000 shares. Based on an average daily trading volume, of 6,800 shares, the short-interest ratio is currently 0.2 days.

First Trust Latin America AlphaDEX Fund Stock Down 1.4 %

Shares of NASDAQ:FLN traded down $0.22 during midday trading on Monday, hitting $15.15. The stock had a trading volume of 8,265 shares, compared to its average volume of 17,099. The company’s 50-day moving average price is $16.54 and its 200-day moving average price is $17.56. First Trust Latin America AlphaDEX Fund has a fifty-two week low of $15.15 and a fifty-two week high of $21.07. The company has a market capitalization of $15.15 million, a P/E ratio of 5.99 and a beta of 1.09.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Horizon Advisory Services Inc. grew its holdings in First Trust Latin America AlphaDEX Fund by 3.2% during the 2nd quarter. Horizon Advisory Services Inc. now owns 22,133 shares of the company’s stock worth $390,000 after acquiring an additional 691 shares during the last quarter. Cottonwood Capital Advisors LLC lifted its holdings in First Trust Latin America AlphaDEX Fund by 53.3% during the 3rd quarter. Cottonwood Capital Advisors LLC now owns 27,906 shares of the company’s stock worth $503,000 after buying an additional 9,703 shares during the period. Finally, Jane Street Group LLC raised 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 last quarter.

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.