First Trust RiverFront Dynamic Emerging Markets ETF (NASDAQ:RFEM) Short Interest Down 25.8% in February

First Trust RiverFront Dynamic Emerging Markets ETF (NASDAQ:RFEM) was the recipient of a significant decline in short interest during the month of February. As of February 28th, there was short interest totalling 4,600 shares, a decline of 25.8% from the February 13th total of 6,200 shares. Based on an average trading volume of 3,400 shares, the short-interest ratio is currently 1.4 days. Currently, 1.0% of the shares of the stock are short sold.

Institutional Investors Weigh In On First Trust RiverFront Dynamic Emerging Markets ETF

Several hedge funds and other institutional investors have recently modified their holdings of the company. Hilltop Holdings Inc. grew its stake in First Trust RiverFront Dynamic Emerging Markets ETF by 2.2% in the 3rd quarter. Hilltop Holdings Inc. now owns 10,022 shares of the company’s stock valued at $683,000 after purchasing an additional 219 shares during the period. J.W. Cole Advisors Inc. lifted its holdings in First Trust RiverFront Dynamic Emerging Markets ETF by 1.3% during the 4th quarter. J.W. Cole Advisors Inc. now owns 26,387 shares of the company’s stock worth $1,670,000 after purchasing an additional 327 shares in the last quarter. GAMMA Investing LLC lifted its holdings in First Trust RiverFront Dynamic Emerging Markets ETF by 26.2% during the 4th quarter. GAMMA Investing LLC now owns 1,932 shares of the company’s stock worth $122,000 after purchasing an additional 401 shares in the last quarter. World Investment Advisors lifted its holdings in First Trust RiverFront Dynamic Emerging Markets ETF by 9.2% during the 4th quarter. World Investment Advisors now owns 8,848 shares of the company’s stock worth $560,000 after purchasing an additional 747 shares in the last quarter. Finally, Capasso Planning Partners LLC increased its stake in First Trust RiverFront Dynamic Emerging Markets ETF by 12.9% in the 4th quarter. Capasso Planning Partners LLC now owns 7,802 shares of the company’s stock worth $494,000 after acquiring an additional 894 shares during the last quarter.

First Trust RiverFront Dynamic Emerging Markets ETF Stock Up 1.3 %

Shares of RFEM stock traded up $0.88 during mid-day trading on Friday, reaching $66.44. 4,370 shares of the stock traded hands, compared to its average volume of 2,545. The stock’s fifty day simple moving average is $64.48 and its two-hundred day simple moving average is $65.18. The company has a market cap of $29.90 million, a price-to-earnings ratio of 9.79 and a beta of 0.83. First Trust RiverFront Dynamic Emerging Markets ETF has a 1-year low of $58.94 and a 1-year high of $70.20.

First Trust RiverFront Dynamic Emerging Markets ETF Company Profile

The First Trust RiverFront Dynamic Emerging Markets ETF (RFEM) is an exchange-traded fund that is based on the Benchmark for RFEM Fund index. The fund is actively-managed to select in emerging market stocks using multiple factors. The manager has discretion to hedge currency exposure up to 100% of the portfolio.