First Trust Latin America AlphaDEX Fund (NASDAQ:FLN) Short Interest Up 11.1% in November

First Trust Latin America AlphaDEX Fund (NASDAQ:FLN) was the target of a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 1,000 shares, an increase of 11.1% from the October 31st total of 900 shares. Based on an average daily volume of 5,700 shares, the short-interest ratio is currently 0.2 days.

First Trust Latin America AlphaDEX Fund Price Performance

NASDAQ:FLN opened at $16.33 on Wednesday. First Trust Latin America AlphaDEX Fund has a 12 month low of $15.98 and a 12 month high of $21.07. The firm has a market capitalization of $16.33 million, a PE ratio of 5.99 and a beta of 1.09. The business’s fifty day moving average price is $17.20 and its 200 day moving average price is $17.97.

First Trust Latin America AlphaDEX Fund Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were issued a dividend of $0.3823 per share. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $1.53 dividend on an annualized basis and a yield of 9.36%. This is a boost from First Trust Latin America AlphaDEX Fund’s previous quarterly dividend of $0.19.

Institutional Trading of First Trust Latin America AlphaDEX Fund

Several institutional investors have recently modified their holdings of the stock. Cottonwood Capital Advisors LLC boosted its position in shares of First Trust Latin America AlphaDEX Fund by 6.2% in the 2nd quarter. Cottonwood Capital Advisors LLC now owns 18,203 shares of the company’s stock valued at $335,000 after purchasing an additional 1,063 shares during the period. Horizon Advisory Services Inc. lifted its stake in First Trust Latin America AlphaDEX Fund by 3.2% in the second quarter. Horizon Advisory Services Inc. now owns 22,133 shares of the company’s stock valued at $390,000 after buying an additional 691 shares during the last quarter. Finally, Jane Street Group LLC boosted its holdings in shares of First Trust Latin America AlphaDEX Fund by 27.7% in the third quarter. Jane Street Group LLC now owns 69,053 shares of the company’s stock valued at $1,246,000 after acquiring an additional 14,960 shares during the period.

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.