First Trust Latin America AlphaDEX Fund (NASDAQ:FLN – Get Free Report) saw a significant increase in short interest in July. As of July 31st, there was short interest totaling 13,095 shares, an increase of 90.8% from the July 15th total of 6,865 shares. Based on an average daily trading volume, of 17,292 shares, the short-interest ratio is currently 0.8 days. Approximately 0.9% of the company’s shares are sold short.
First Trust Latin America AlphaDEX Fund Price Performance
NASDAQ FLN traded down $0.16 during trading hours on Friday, reaching $24.47. 30,899 shares of the company’s stock traded hands, compared to its average volume of 20,661. First Trust Latin America AlphaDEX Fund has a 52-week low of $19.65 and a 52-week high of $28.50. The firm has a market cap of $35.48 million, a PE ratio of 9.93 and a beta of 0.76. The firm has a 50-day simple moving average of $25.28 and a 200 day simple moving average of $25.89.
First Trust Latin America AlphaDEX Fund Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were paid a dividend of $0.2525 per share. The ex-dividend date was Thursday, June 25th. This represents a $1.01 annualized dividend and a yield of 4.1%. This is a positive change from First Trust Latin America AlphaDEX Fund’s previous quarterly dividend of $0.23.
Institutional Investors Weigh In On First Trust Latin America AlphaDEX Fund
First Trust Latin America AlphaDEX Fund Company Profile
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.
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