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

First Trust RiverFront Dynamic Emerging Markets ETF (NASDAQ:RFEM) saw a significant decline in short interest in December. As of December 15th, there was short interest totalling 11,000 shares, a decline of 14.7% from the November 30th total of 12,900 shares. Based on an average trading volume of 2,300 shares, the short-interest ratio is currently 4.8 days.

First Trust RiverFront Dynamic Emerging Markets ETF Price Performance

Shares of NASDAQ:RFEM traded down $0.31 during midday trading on Friday, hitting $63.75. 2,949 shares of the company’s stock were exchanged, compared to its average volume of 2,058. First Trust RiverFront Dynamic Emerging Markets ETF has a 12 month low of $56.19 and a 12 month high of $70.20. The company has a market cap of $28.69 million, a PE ratio of 7.49 and a beta of 0.83. The stock has a 50 day moving average price of $64.93 and a 200-day moving average price of $65.49.

First Trust RiverFront Dynamic Emerging Markets ETF Dividend Announcement

The business also recently declared a dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 13th will be issued a dividend of $1.2429 per share. The ex-dividend date is Friday, December 13th.

Institutional Trading of First Trust RiverFront Dynamic Emerging Markets ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. World Investment Advisors LLC bought a new stake in First Trust RiverFront Dynamic Emerging Markets ETF in the 3rd quarter worth about $552,000. Capasso Planning Partners LLC bought a new position in shares of First Trust RiverFront Dynamic Emerging Markets ETF in the third quarter valued at approximately $471,000. Maia Wealth LLC bought a new position in shares of First Trust RiverFront Dynamic Emerging Markets ETF in the third quarter valued at approximately $218,000. J.W. Cole Advisors Inc. increased its position in shares of First Trust RiverFront Dynamic Emerging Markets ETF by 7.6% during the third quarter. J.W. Cole Advisors Inc. now owns 26,060 shares of the company’s stock valued at $1,776,000 after acquiring an additional 1,842 shares during the last quarter. Finally, GAMMA Investing LLC lifted its holdings in First Trust RiverFront Dynamic Emerging Markets ETF by 61.8% during the third quarter. GAMMA Investing LLC now owns 1,531 shares of the company’s stock worth $104,000 after acquiring an additional 585 shares during the period.

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.