First Trust Active Factor Emerging Markets ETF (NASDAQ:AFEM) Stock Short Interest Report for October

First Trust Active Factor Emerging Markets ETF (NASDAQ:AFEM) was the recipient of a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 779 shares, a decrease of 60.5% from the September 30th total of 1,970 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average trading volume of 4,732 shares, the short-interest ratio is presently 0.2 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Ferguson Shapiro LLC boosted its position in First Trust Active Factor Emerging Markets ETF by 126.6% in the first quarter. Ferguson Shapiro LLC now owns 217,818 shares of the company’s stock worth $17,895,000 after purchasing an additional 121,708 shares during the last quarter. Farther Finance Advisors LLC grew its holdings in First Trust Active Factor Emerging Markets ETF by 56.8% during the 3rd quarter. Farther Finance Advisors LLC now owns 9,648 shares of the company’s stock valued at $945,000 after buying an additional 3,495 shares in the last quarter. Cetera Investment Advisers lifted its position in First Trust Active Factor Emerging Markets ETF by 6.1% during the first quarter. Cetera Investment Advisers now owns 28,554 shares of the company’s stock valued at $2,346,000 after purchasing an additional 1,645 shares during the last quarter. GAMMA Investing LLC lifted its holdings in shares of First Trust Active Factor Emerging Markets ETF by 67.2% in the 3rd quarter. GAMMA Investing LLC now owns 3,160 shares of the company’s stock worth $310,000 after acquiring an additional 1,270 shares during the last quarter. Finally, International Assets Investment Management LLC lifted its stake in First Trust Active Factor Emerging Markets ETF by 27.3% in the first quarter. International Assets Investment Management LLC now owns 853 shares of the company’s stock worth $70,000 after purchasing an additional 183 shares during the last quarter.

First Trust Active Factor Emerging Markets ETF Stock Down 1.8%

Shares of AFEM stock traded down $1.64 during trading hours on Friday, hitting $91.43. 2,846 shares of the company’s stock traded hands, compared to its average volume of 4,421. First Trust Active Factor Emerging Markets ETF has a 12-month low of $75.86 and a 12-month high of $100.83. The stock’s fifty day simple moving average is $97.80 and its two-hundred day simple moving average is $91.86. The stock has a market cap of $77.72 million, a price-to-earnings ratio of 12.49 and a beta of 0.79.

About First Trust Active Factor Emerging Markets ETF

First Trust Active Factor Emerging Markets ETF (NASDAQ: AFEM) is an exchange-traded fund managed by First Trust Advisors L.P. The fund seeks long-term capital appreciation by investing primarily in equity securities of companies located in emerging-market countries.

AFEM uses an actively managed, factor-based investment approach to evaluate potential investments across emerging markets. Its portfolio may emphasize companies displaying characteristics such as attractive valuation, strong momentum, favorable quality measures or other factors identified through the fund’s investment process.