First Trust RiverFront Dynamic Emerging Markets ETF (NASDAQ:RFEM) Short Interest Down 25.8% in February

First Trust RiverFront Dynamic Emerging Markets ETF (NASDAQ:RFEM) was the target of a large drop in short interest in the month of February. As of February 28th, there was short interest totalling 4,600 shares, a drop of 25.8% from the February 13th total of 6,200 shares. Approximately 1.0% of the shares of the company are short sold. Based on an average trading volume of 3,400 shares, the short-interest ratio is presently 1.4 days.

Institutional Trading of First Trust RiverFront Dynamic Emerging Markets ETF

Hedge funds have recently made changes to their positions in the stock. Hilltop Holdings Inc. grew its stake in shares of First Trust RiverFront Dynamic Emerging Markets ETF by 2.2% in the third quarter. Hilltop Holdings Inc. now owns 10,022 shares of the company’s stock worth $683,000 after acquiring an additional 219 shares during the last quarter. J.W. Cole Advisors Inc. lifted its position in First Trust RiverFront Dynamic Emerging Markets ETF by 1.3% during the 4th quarter. J.W. Cole Advisors Inc. now owns 26,387 shares of the company’s stock valued at $1,670,000 after purchasing an additional 327 shares during the period. GAMMA Investing LLC increased its stake in shares of First Trust RiverFront Dynamic Emerging Markets ETF by 26.2% in the 4th quarter. GAMMA Investing LLC now owns 1,932 shares of the company’s stock valued at $122,000 after acquiring an additional 401 shares during the last quarter. World Investment Advisors increased its stake in shares of First Trust RiverFront Dynamic Emerging Markets ETF by 9.2% in the 4th quarter. World Investment Advisors now owns 8,848 shares of the company’s stock valued at $560,000 after acquiring an additional 747 shares during the last quarter. Finally, Capasso Planning Partners LLC increased its stake in First Trust RiverFront Dynamic Emerging Markets ETF by 12.9% during the 4th quarter. Capasso Planning Partners LLC now owns 7,802 shares of the company’s stock worth $494,000 after purchasing an additional 894 shares in the last quarter.

First Trust RiverFront Dynamic Emerging Markets ETF Trading Up 1.3 %

RFEM traded up $0.88 on Friday, reaching $66.44. The company had a trading volume of 4,370 shares, compared to its average volume of 2,545. First Trust RiverFront Dynamic Emerging Markets ETF has a one year low of $58.94 and a one year high of $70.20. The company has a fifty day moving average of $64.48 and a 200-day moving average of $65.18. The company has a market capitalization of $29.90 million, a P/E ratio of 9.79 and a beta of 0.83.

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.