First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB – Get Free Report) was the target of a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 42,935 shares, a growth of 90.3% from the July 15th total of 22,561 shares. Currently, 0.4% of the shares of the company are sold short. Based on an average trading volume of 90,838 shares, the short-interest ratio is currently 0.5 days.
First Trust Emerging Markets Local Currency Bond ETF Stock Down 0.2%
FEMB stock traded down $0.05 during trading on Friday, hitting $29.61. 41,133 shares of the company traded hands, compared to its average volume of 125,992. First Trust Emerging Markets Local Currency Bond ETF has a 1 year low of $28.30 and a 1 year high of $31.55. The stock’s 50-day simple moving average is $29.38 and its 200 day simple moving average is $29.62.
First Trust Emerging Markets Local Currency Bond ETF Dividend Announcement
The business also recently declared a monthly dividend, which was paid on Friday, July 31st. Investors of record on Tuesday, July 21st were paid a $0.165 dividend. The ex-dividend date of this dividend was Tuesday, July 21st. This represents a c) dividend on an annualized basis and a yield of 6.7%.
Institutional Trading of First Trust Emerging Markets Local Currency Bond ETF
About First Trust Emerging Markets Local Currency Bond ETF
The First Trust Emerging Markets Local Currency Bond ETF (FEMB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that invests in a broad range of bonds issued by emerging-market sovereign, sub-sovereign and quasi-sovereign entities, denominated in local currencies. FEMB was launched on Nov 4, 2014 and is managed by First Trust.
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