First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB) Short Interest Update

First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB) 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

The business also recently declared a monthly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 21st were given a $0.1325 dividend. This represents a $1.59 dividend on an annualized basis and a yield of 5.78%. The ex-dividend date was Friday, February 21st.

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.