First Trust RiverFront Dynamic Emerging Markets ETF (NASDAQ:RFEM) Short Interest Down 22.5% in February

First Trust RiverFront Dynamic Emerging Markets ETF (NASDAQ:RFEM) was the recipient of a significant decline in short interest in the month of February. As of February 15th, there was short interest totalling 6,200 shares, a decline of 22.5% from the January 31st total of 8,000 shares. Based on an average trading volume of 2,700 shares, the short-interest ratio is currently 2.3 days.

First Trust RiverFront Dynamic Emerging Markets ETF Price Performance

NASDAQ RFEM opened at $63.79 on Tuesday. First Trust RiverFront Dynamic Emerging Markets ETF has a one year low of $58.94 and a one year high of $70.20. The firm has a market cap of $28.71 million, a P/E ratio of 9.54 and a beta of 0.83. The stock’s 50-day moving average is $64.11 and its 200-day moving average is $65.17.

First Trust RiverFront Dynamic Emerging Markets ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were issued a dividend of $1.2429 per share. The ex-dividend date was Friday, December 13th.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Maia Wealth LLC acquired a new stake in shares of First Trust RiverFront Dynamic Emerging Markets ETF during the third quarter worth $218,000. Hilltop Holdings Inc. raised its stake in shares of First Trust RiverFront Dynamic Emerging Markets ETF by 2.2% in the 3rd quarter. Hilltop Holdings Inc. now owns 10,022 shares of the company’s stock valued at $683,000 after purchasing an additional 219 shares during the period. World Investment Advisors LLC bought a new stake in shares of First Trust RiverFront Dynamic Emerging Markets ETF in the third quarter valued at about $552,000. Capasso Planning Partners LLC bought a new stake in shares of First Trust RiverFront Dynamic Emerging Markets ETF in the third quarter valued at about $471,000. Finally, GAMMA Investing LLC boosted its position in shares of First Trust RiverFront Dynamic Emerging Markets ETF by 26.2% during the fourth quarter. GAMMA Investing LLC now owns 1,932 shares of the company’s stock worth $122,000 after buying an additional 401 shares during the period.

First Trust RiverFront Dynamic Emerging Markets ETF Company Profile

The First Trust RiverFront Dynamic Emerging Markets ETF (RFEM) is an exchange-traded fund that is based on the Benchmark for RFEM Fund index. The fund is actively-managed to select in emerging market stocks using multiple factors. The manager has discretion to hedge currency exposure up to 100% of the portfolio.