First Trust Latin America AlphaDEX Fund (NASDAQ:FLN) Short Interest Up 40.0% in December

First Trust Latin America AlphaDEX Fund (NASDAQ:FLN) was the recipient of a large increase in short interest in the month of December. As of December 15th, there was short interest totalling 1,400 shares, an increase of 40.0% from the November 30th total of 1,000 shares. Based on an average trading volume of 6,800 shares, the short-interest ratio is presently 0.2 days.

First Trust Latin America AlphaDEX Fund Stock Performance

Shares of NASDAQ FLN traded down $0.22 during trading on Monday, hitting $15.15. 8,265 shares of the company traded hands, compared to its average volume of 17,099. The business’s fifty day moving average is $16.54 and its 200 day moving average is $17.56. The firm has a market capitalization of $15.15 million, a price-to-earnings ratio of 5.99 and a beta of 1.09. First Trust Latin America AlphaDEX Fund has a fifty-two week low of $15.15 and a fifty-two week high of $21.07.

Hedge Funds Weigh In On First Trust Latin America AlphaDEX Fund

A number of large investors have recently modified their holdings of FLN. Horizon Advisory Services Inc. raised its holdings in First Trust Latin America AlphaDEX Fund by 3.2% during the second quarter. Horizon Advisory Services Inc. now owns 22,133 shares of the company’s stock worth $390,000 after buying an additional 691 shares during the last quarter. Cottonwood Capital Advisors LLC increased its position in shares of First Trust Latin America AlphaDEX Fund by 53.3% during the third quarter. Cottonwood Capital Advisors LLC now owns 27,906 shares of the company’s stock worth $503,000 after acquiring an additional 9,703 shares in the last quarter. Finally, Jane Street Group LLC raised its holdings in shares of First Trust Latin America AlphaDEX Fund by 27.7% in the 3rd quarter. Jane Street Group LLC now owns 69,053 shares of the company’s stock worth $1,246,000 after acquiring an additional 14,960 shares during the last quarter.

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.