Short Interest in First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) Drops By 72.0%

First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) was the target of a large decline in short interest during the month of December. As of December 31st, there was short interest totalling 700 shares, a decline of 72.0% from the December 15th total of 2,500 shares. Based on an average daily volume of 38,700 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Investors Weigh In On First Trust Emerging Markets Small Cap AlphaDEX Fund

Several hedge funds and other institutional investors have recently added to or reduced their stakes in FEMS. World Equity Group Inc. grew its position in First Trust Emerging Markets Small Cap AlphaDEX Fund by 2.5% during the third quarter. World Equity Group Inc. now owns 18,703 shares of the exchange traded fund’s stock valued at $768,000 after buying an additional 458 shares during the period. Northwestern Mutual Wealth Management Co. lifted its holdings in First Trust Emerging Markets Small Cap AlphaDEX Fund by 36.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 27,060 shares of the exchange traded fund’s stock valued at $1,098,000 after purchasing an additional 7,256 shares in the last quarter. HBW Advisory Services LLC boosted its stake in First Trust Emerging Markets Small Cap AlphaDEX Fund by 6.6% during the 4th quarter. HBW Advisory Services LLC now owns 33,821 shares of the exchange traded fund’s stock worth $1,276,000 after purchasing an additional 2,087 shares during the last quarter. Flow Traders U.S. LLC grew its holdings in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 16.6% during the third quarter. Flow Traders U.S. LLC now owns 34,822 shares of the exchange traded fund’s stock worth $1,430,000 after buying an additional 4,950 shares in the last quarter. Finally, Quad Cities Investment Group LLC grew its holdings in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 2.3% during the fourth quarter. Quad Cities Investment Group LLC now owns 43,327 shares of the exchange traded fund’s stock worth $1,635,000 after buying an additional 980 shares in the last quarter.

First Trust Emerging Markets Small Cap AlphaDEX Fund Trading Up 0.7 %

Shares of FEMS stock traded up $0.26 during mid-day trading on Tuesday, reaching $36.35. The stock had a trading volume of 15,191 shares, compared to its average volume of 32,774. The business’s fifty day moving average is $38.57 and its 200-day moving average is $39.46. The firm has a market cap of $274.44 million, a price-to-earnings ratio of 5.02 and a beta of 0.92. First Trust Emerging Markets Small Cap AlphaDEX Fund has a 1-year low of $35.97 and a 1-year high of $42.57.

First Trust Emerging Markets Small Cap AlphaDEX Fund Announces Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were paid a $0.4454 dividend. The ex-dividend date of this dividend was Friday, December 13th.

First Trust Emerging Markets Small Cap AlphaDEX Fund Company Profile

The First Trust Emerging Markets Small Cap AlphaDEX Fund (FEMS) is an exchange-traded fund that is based on the NASDAQ AlphaDEX EM Small Cap index. The fund aims to outperform other index funds by selecting small-cap emerging markets securities using quantitative metrics. FEMS was launched on Feb 15, 2012 and is managed by First Trust.