First Trust Latin America AlphaDEX Fund (NASDAQ:FLN) Shares Shorted: Short Interest Down 90.5% in September

Posted by Brian Himes on Oct 9th, 2026

First Trust Latin America AlphaDEX Fund (NASDAQ:FLN – Get Free Report) was the recipient of a significant decrease in short interest during the month of September. As of September 30th, there was short interest totaling 3,345 shares, a decrease of 90.5% from the September 15th total of 35,286 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily volume of 8,219 shares, the days-to-cover ratio is presently 0.4 days.

Hedge Funds Weigh In On First Trust Latin America AlphaDEX Fund

A number of hedge funds have recently made changes to their positions in FLN. Balboa Wealth Partners acquired a new stake in shares of First Trust Latin America AlphaDEX Fund in the first quarter valued at approximately $204,000. GK Wealth Management LLC bought a new stake in First Trust Latin America AlphaDEX Fund in the second quarter valued at approximately $268,000. Cetera Investment Advisers grew its stake in First Trust Latin America AlphaDEX Fund by 11.9% in the 1st quarter. Cetera Investment Advisers now owns 28,544 shares of the company’s stock valued at $729,000 after buying an additional 3,040 shares during the last quarter. Envestnet Asset Management Inc. increased its position in First Trust Latin America AlphaDEX Fund by 4.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 33,155 shares of the company’s stock worth $820,000 after buying an additional 1,455 shares during the period. Finally, D.A. Davidson & CO. bought a new stake in First Trust Latin America AlphaDEX Fund during the first quarter worth about $1,549,000.

First Trust Latin America AlphaDEX Fund Stock Up 0.9%

Shares of FLN stock traded up $0.24 on Friday, reaching $27.74. 3,338 shares of the stock were exchanged, compared to its average volume of 18,648. The firm has a 50 day moving average of $25.91 and a two-hundred day moving average of $25.86. First Trust Latin America AlphaDEX Fund has a 1-year low of $20.06 and a 1-year high of $28.50. The stock has a market cap of $48.55 million, a P/E ratio of 9.93 and a beta of 0.74.

First Trust Latin America AlphaDEX Fund Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Thursday, September 24th were paid a dividend of $0.1512 per share. This is a drop from First Trust Latin America AlphaDEX Fund’s previous quarterly dividend of $0.2525. This represents a $0.60 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend was Thursday, September 24th.

First Trust Latin America AlphaDEX Fund Company Profile

(Get Free Report)

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.