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 large growth in short interest during 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 sold short. Based on an average trading volume of 4,086 shares, the days-to-cover ratio is presently 0.6 days.

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

A number of hedge funds and other institutional investors have recently bought and sold shares of AFEM. Cetera Investment Advisers raised its stake in shares of First Trust Active Factor Emerging Markets ETF by 6.1% in the first quarter. Cetera Investment Advisers now owns 28,554 shares of the company’s stock worth $2,346,000 after purchasing an additional 1,645 shares during the last quarter. Farther Finance Advisors LLC grew its position 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 valued at $945,000 after acquiring an additional 3,495 shares during the period. GAMMA Investing LLC grew its stake in 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 valued at $310,000 after acquiring an additional 1,270 shares during the period. Finally, International Assets Investment Management LLC increased its holdings in 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 worth $70,000 after acquiring an additional 183 shares in the last quarter.

First Trust Active Factor Emerging Markets ETF Trading Down 2.2%

Shares of NASDAQ AFEM traded down $1.99 during trading hours on Thursday, hitting $89.78. 1,803 shares of the company traded hands, compared to its average volume of 4,502. 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 has a market capitalization of $76.31 million, a price-to-earnings ratio of 10.85 and a beta of 0.83. The company’s 50 day moving average price is $96.28 and its 200 day moving average price is $92.14.

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.