First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB – Get Free Report) was the target of a significant increase in short interest in the month of February. As of February 28th, there was short interest totalling 3,400 shares, an increase of 36.0% from the February 13th total of 2,500 shares. Based on an average daily volume of 58,300 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the shares of the company are short sold.
Institutional Trading of First Trust Emerging Markets Local Currency Bond ETF
A number of large investors have recently bought and sold shares of FEMB. Assetmark Inc. grew its position in First Trust Emerging Markets Local Currency Bond ETF by 28.5% in the third quarter. Assetmark Inc. now owns 25,258 shares of the company’s stock valued at $732,000 after acquiring an additional 5,599 shares during the period. Prospera Financial Services Inc grew its position in First Trust Emerging Markets Local Currency Bond ETF by 9.4% in the third quarter. Prospera Financial Services Inc now owns 26,595 shares of the company’s stock valued at $771,000 after acquiring an additional 2,282 shares during the period. KKM Financial LLC grew its position in First Trust Emerging Markets Local Currency Bond ETF by 33.3% in the third quarter. KKM Financial LLC now owns 11,713 shares of the company’s stock valued at $339,000 after acquiring an additional 2,928 shares during the period. D.A. Davidson & CO. bought a new stake in First Trust Emerging Markets Local Currency Bond ETF in the third quarter valued at $813,000. Finally, Flow Traders U.S. LLC grew its position in First Trust Emerging Markets Local Currency Bond ETF by 501.6% in the third quarter. Flow Traders U.S. LLC now owns 60,160 shares of the company’s stock valued at $1,743,000 after acquiring an additional 50,160 shares during the period.
First Trust Emerging Markets Local Currency Bond ETF Stock Performance
Shares of FEMB traded up $0.01 on Tuesday, reaching $27.50. 3,767 shares of the stock traded hands, compared to its average volume of 62,543. The stock’s 50-day moving average price is $26.74 and its 200-day moving average price is $27.25. First Trust Emerging Markets Local Currency Bond ETF has a 12 month low of $25.60 and a 12 month high of $30.11.
First Trust Emerging Markets Local Currency Bond ETF Dividend Announcement
About First Trust Emerging Markets Local Currency Bond ETF
The First Trust Emerging Markets Local Currency Bond ETF (FEMB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that invests in a broad range of bonds issued by emerging-market sovereign, sub-sovereign and quasi-sovereign entities, denominated in local currencies.
Read More
- Five stocks we like better than First Trust Emerging Markets Local Currency Bond ETF
- Quiet Period Expirations Explained
- Arqit Stock Soars as NVIDIA’s GTC Fuels Quantum Excitement
- How to Calculate Stock Profit
- 3 Must-Own Stocks to Build Wealth This Decade
- What is a Stock Market Index and How Do You Use Them?
- Advanced Micro Devices Eyes AI Market Growth—Is AMD a Buy?
Receive News & Ratings for First Trust Emerging Markets Local Currency Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Emerging Markets Local Currency Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.