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

First Trust Active Factor Emerging Markets ETF (NASDAQ:AFEM) saw a significant growth in short interest in the month of October. As of October 30th, there was short interest totaling 2,390 shares, a growth of 206.8% from the October 15th total of 779 shares. Approximately 0.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 4,086 shares, the short-interest ratio is currently 0.6 days.

Institutional Investors Weigh In On First Trust Active Factor Emerging Markets ETF

Hedge funds have recently added to or reduced their stakes in the stock. GAMMA Investing LLC lifted its stake 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 purchasing an additional 1,270 shares during the period. Farther Finance Advisors LLC lifted its stake in shares of 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 worth $945,000 after acquiring an additional 3,495 shares during the last quarter. Cetera Investment Advisers lifted its holdings in shares of First Trust Active Factor Emerging Markets ETF by 6.1% in the 1st quarter. Cetera Investment Advisers now owns 28,554 shares of the company’s stock worth $2,346,000 after buying an additional 1,645 shares during the period. Finally, International Assets Investment Management LLC increased its holdings in shares of First Trust Active Factor Emerging Markets ETF by 27.3% in the 1st quarter. International Assets Investment Management LLC now owns 853 shares of the company’s stock valued at $70,000 after acquiring an additional 183 shares during the period.

First Trust Active Factor Emerging Markets ETF Stock Down 0.6%

Shares of First Trust Active Factor Emerging Markets ETF stock traded down $0.55 during trading on Friday, reaching $89.51. 895 shares of the stock were exchanged, compared to its average volume of 4,504. The stock’s fifty day moving average is $96.09 and its 200 day moving average is $92.16. The firm has a market cap of $76.08 million, a price-to-earnings ratio of 10.85 and a beta of 0.83. First Trust Active Factor Emerging Markets ETF has a 1 year low of $75.86 and a 1 year high of $100.83.

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.