Short Interest in First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB) Increases By 620.0%

First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB) was the recipient of a significant increase in short interest in January. As of January 31st, there was short interest totalling 3,600 shares, an increase of 620.0% from the January 15th total of 500 shares. Based on an average trading volume of 66,300 shares, the short-interest ratio is currently 0.1 days.

Institutional Trading of First Trust Emerging Markets Local Currency Bond ETF

Several institutional investors have recently added to or reduced their stakes in the company. CWM LLC raised its position in shares of First Trust Emerging Markets Local Currency Bond ETF by 26,208.4% in the 3rd quarter. CWM LLC now owns 56,300 shares of the company’s stock valued at $1,632,000 after buying an additional 56,086 shares in the last quarter. Iams Wealth Management LLC raised its holdings in First Trust Emerging Markets Local Currency Bond ETF by 5.9% during the 3rd quarter. Iams Wealth Management LLC now owns 9,710 shares of the company’s stock worth $281,000 after purchasing an additional 541 shares during the last quarter. Private Advisor Group LLC boosted its position in First Trust Emerging Markets Local Currency Bond ETF by 8.6% during the third quarter. Private Advisor Group LLC now owns 47,338 shares of the company’s stock valued at $1,372,000 after acquiring an additional 3,745 shares during the last quarter. Concurrent Investment Advisors LLC acquired a new stake in First Trust Emerging Markets Local Currency Bond ETF during the third quarter worth approximately $3,172,000. Finally, Walkner Condon Financial Advisors LLC lifted its position in shares of First Trust Emerging Markets Local Currency Bond ETF by 6.3% during the 3rd quarter. Walkner Condon Financial Advisors LLC now owns 41,455 shares of the company’s stock valued at $1,201,000 after acquiring an additional 2,446 shares during the period.

First Trust Emerging Markets Local Currency Bond ETF Price Performance

Shares of NASDAQ FEMB traded up $0.28 during midday trading on Friday, reaching $27.01. The company’s stock had a trading volume of 10,533 shares, compared to its average volume of 43,340. The stock has a 50 day simple moving average of $26.47 and a 200-day simple moving average of $27.42. First Trust Emerging Markets Local Currency Bond ETF has a fifty-two week low of $25.60 and a fifty-two week high of $30.11.

First Trust Emerging Markets Local Currency Bond ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, January 31st. Shareholders of record on Wednesday, January 22nd were given a dividend of $0.1325 per share. The ex-dividend date of this dividend was Wednesday, January 22nd. This represents a $1.59 dividend on an annualized basis and a yield of 5.89%.

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.