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 large growth in short interest in the month of 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 daily volume of 7,800 shares, the days-to-cover ratio is currently 0.4 days.

Hedge Funds Weigh In On First Trust Latin America AlphaDEX Fund

An institutional investor recently raised its position in First Trust Latin America AlphaDEX Fund stock. Jane Street Group LLC lifted its holdings in First Trust Latin America AlphaDEX Fund (NASDAQ:FLN) by 27.7% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 69,053 shares of the company’s stock after purchasing an additional 14,960 shares during the quarter. Jane Street Group LLC owned about 6.91% of First Trust Latin America AlphaDEX Fund worth $1,246,000 as of its most recent SEC filing.

First Trust Latin America AlphaDEX Fund Stock Up 1.2 %

NASDAQ FLN traded up $0.20 during trading on Thursday, hitting $16.57. 7,544 shares of the stock traded hands, compared to its average volume of 20,013. The company has a market capitalization of $14.08 million, a P/E ratio of 5.99 and a beta of 1.09. The firm has a 50-day simple moving average of $15.89 and a 200-day simple moving average of $17.16. First Trust Latin America AlphaDEX Fund has a 12-month low of $15.03 and a 12-month high of $21.07.

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.