Short Interest in First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB) Rises By 36.0%

First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB) saw a significant growth in short interest in February. As of February 28th, there was short interest totalling 3,400 shares, a growth of 36.0% from the February 13th total of 2,500 shares. Based on an average daily volume of 58,300 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the company’s stock are short sold.

First Trust Emerging Markets Local Currency Bond ETF Stock Performance

Shares of First Trust Emerging Markets Local Currency Bond ETF stock traded up $0.11 during midday trading on Friday, hitting $27.33. The company’s stock had a trading volume of 19,496 shares, compared to its average volume of 63,001. First Trust Emerging Markets Local Currency Bond ETF has a 1-year low of $25.60 and a 1-year high of $30.11. The stock has a 50-day simple moving average of $26.71 and a 200-day simple moving average of $27.27.

First Trust Emerging Markets Local Currency Bond ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 21st were paid a dividend of $0.1325 per share. The ex-dividend date of this dividend was Friday, February 21st. This represents a $1.59 annualized dividend and a yield of 5.82%.

Hedge Funds Weigh In On First Trust Emerging Markets Local Currency Bond ETF

A number of large investors have recently made changes to their positions in the business. GTS Securities LLC purchased a new position in First Trust Emerging Markets Local Currency Bond ETF during the fourth quarter valued at approximately $291,000. Visionary Wealth Advisors boosted its stake in shares of First Trust Emerging Markets Local Currency Bond ETF by 22.0% during the 4th quarter. Visionary Wealth Advisors now owns 46,323 shares of the company’s stock valued at $1,203,000 after buying an additional 8,360 shares during the period. KKM Financial LLC grew its holdings in shares of First Trust Emerging Markets Local Currency Bond ETF by 16.0% during the 4th quarter. KKM Financial LLC now owns 13,582 shares of the company’s stock valued at $353,000 after acquiring an additional 1,869 shares in the last quarter. Benjamin Edwards Inc. acquired a new position in shares of First Trust Emerging Markets Local Currency Bond ETF in the fourth quarter worth $342,000. Finally, Jane Street Group LLC acquired a new position in shares of First Trust Emerging Markets Local Currency Bond ETF in the fourth quarter worth $12,585,000.

First Trust Emerging Markets Local Currency Bond ETF Company Profile

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.