First Trust Latin America AlphaDEX Fund (NASDAQ:FLN) Short Interest Update

First Trust Latin America AlphaDEX Fund (NASDAQ:FLN) saw a large increase in short interest in January. As of January 31st, there was short interest totalling 3,100 shares, an increase of 342.9% from the January 15th total of 700 shares. Based on an average trading volume of 11,800 shares, the days-to-cover ratio is currently 0.3 days.

First Trust Latin America AlphaDEX Fund Trading Down 0.4 %

FLN traded down $0.06 during trading on Wednesday, reaching $16.89. 725 shares of the company were exchanged, compared to its average volume of 15,156. First Trust Latin America AlphaDEX Fund has a 52 week low of $15.03 and a 52 week high of $21.07. The firm has a 50 day moving average of $15.93 and a 200 day moving average of $17.06. The stock has a market cap of $14.36 million, a P/E ratio of 5.99 and a beta of 1.09.

Institutional Investors Weigh In On First Trust Latin America AlphaDEX Fund

A hedge fund recently raised its stake in First Trust Latin America AlphaDEX Fund stock. Cottonwood Capital Advisors LLC boosted its stake in shares of First Trust Latin America AlphaDEX Fund (NASDAQ:FLN) by 53.3% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 27,906 shares of the company’s stock after buying an additional 9,703 shares during the period. Cottonwood Capital Advisors LLC owned about 2.79% of First Trust Latin America AlphaDEX Fund worth $503,000 at the end of the most recent reporting period.

About First Trust Latin America AlphaDEX Fund

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.