First Trust RiverFront Dynamic Emerging Markets ETF (NASDAQ:RFEM) Short Interest Update

First Trust RiverFront Dynamic Emerging Markets ETF (NASDAQ:RFEM) saw a large growth in short interest in August. As of August 31st, there was short interest totalling 3,700 shares, a growth of 19.4% from the August 15th total of 3,100 shares. Based on an average daily trading volume, of 3,300 shares, the short-interest ratio is currently 1.1 days.

Institutional Trading of First Trust RiverFront Dynamic Emerging Markets ETF

A number of institutional investors and hedge funds have recently bought and sold shares of RFEM. International Assets Investment Management LLC bought a new stake in shares of First Trust RiverFront Dynamic Emerging Markets ETF in the 4th quarter valued at $678,000. OLD Mission Capital LLC lifted its stake in First Trust RiverFront Dynamic Emerging Markets ETF by 11.1% in the first quarter. OLD Mission Capital LLC now owns 97,521 shares of the company’s stock valued at $5,972,000 after buying an additional 9,743 shares during the period. GAMMA Investing LLC bought a new position in shares of First Trust RiverFront Dynamic Emerging Markets ETF during the 2nd quarter worth approximately $62,000. Finally, Raleigh Capital Management Inc. grew its position in shares of First Trust RiverFront Dynamic Emerging Markets ETF by 22.0% during the 4th quarter. Raleigh Capital Management Inc. now owns 1,108 shares of the company’s stock worth $66,000 after buying an additional 200 shares during the period.

First Trust RiverFront Dynamic Emerging Markets ETF Price Performance

NASDAQ:RFEM traded down $0.16 during trading hours on Monday, hitting $65.52. The company’s stock had a trading volume of 388 shares, compared to its average volume of 2,034. First Trust RiverFront Dynamic Emerging Markets ETF has a twelve month low of $51.67 and a twelve month high of $70.20. The stock has a fifty day simple moving average of $64.93 and a 200-day simple moving average of $63.81. The company has a market capitalization of $29.48 million, a P/E ratio of 7.49 and a beta of 0.83.

First Trust RiverFront Dynamic Emerging Markets ETF Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Thursday, June 27th were paid a $0.7304 dividend. This represents a $2.92 dividend on an annualized basis and a dividend yield of 4.46%. The ex-dividend date of this dividend was Thursday, June 27th.

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.