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 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 short-interest ratio is presently 0.4 days.

Institutional Trading of First Trust Latin America AlphaDEX Fund

A hedge fund recently raised its stake in First Trust Latin America AlphaDEX Fund stock. Jane Street Group LLC increased its stake in shares of First Trust Latin America AlphaDEX Fund (NASDAQ:FLN) by 27.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 69,053 shares of the company’s stock after purchasing an additional 14,960 shares during the period. Jane Street Group LLC owned approximately 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 Performance

First Trust Latin America AlphaDEX Fund stock traded up $0.01 during trading hours on Friday, hitting $16.58. 705 shares of the stock were exchanged, compared to its average volume of 20,011. The business’s 50-day moving average is $15.89 and its two-hundred day moving average is $17.16. First Trust Latin America AlphaDEX Fund has a 12 month low of $15.03 and a 12 month high of $21.07. The stock has a market capitalization of $14.09 million, a P/E ratio of 5.99 and a beta of 1.09.

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.