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 drop in short interest in October. As of October 15th, there was short interest totaling 779 shares, a drop of 60.5% from the September 30th total of 1,970 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average trading volume of 4,732 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. International Assets Investment Management LLC lifted its holdings 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 valued at $70,000 after acquiring an additional 183 shares during the period. GAMMA Investing LLC lifted its stake in First Trust Active Factor Emerging Markets ETF by 67.2% in the third 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 last quarter. Cetera Investment Advisers boosted its holdings 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 valued at $2,346,000 after purchasing an additional 1,645 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 purchasing an additional 3,495 shares during the last quarter. Finally, Ferguson Shapiro LLC boosted its holdings 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 acquiring an additional 121,708 shares in the last quarter.

First Trust Active Factor Emerging Markets ETF Trading Up 1.2%

NASDAQ AFEM opened at $93.97 on Thursday. The company has a 50 day moving average of $97.88 and a 200-day moving average of $91.81. First Trust Active Factor Emerging Markets ETF has a 1-year low of $75.86 and a 1-year high of $100.83. The firm has a market cap of $79.87 million, a price-to-earnings ratio of 12.49 and a beta of 0.79.

First Trust Active Factor Emerging Markets ETF Company Profile

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.