First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) Short Interest Update

First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) was the recipient of a significant drop in short interest during the month of December. As of December 31st, there was short interest totalling 700 shares, a drop 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 currently 0.0 days.

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

Hedge funds have recently modified their holdings of the company. Integrated Wealth Concepts LLC boosted its holdings in First Trust Emerging Markets Small Cap AlphaDEX Fund by 1.3% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 128,846 shares of the exchange traded fund’s stock valued at $5,293,000 after purchasing an additional 1,624 shares during the last quarter. Flow Traders U.S. LLC lifted its holdings in First Trust Emerging Markets Small Cap AlphaDEX Fund by 16.6% in the third quarter. Flow Traders U.S. LLC now owns 34,822 shares of the exchange traded fund’s stock valued at $1,430,000 after acquiring an additional 4,950 shares during the last quarter. Archer Investment Corp grew its position in First Trust Emerging Markets Small Cap AlphaDEX Fund by 0.8% in the third quarter. Archer Investment Corp now owns 66,423 shares of the exchange traded fund’s stock worth $2,729,000 after acquiring an additional 509 shares during the period. Cornerstone Planning Group LLC increased its stake in First Trust Emerging Markets Small Cap AlphaDEX Fund by 6.4% during the third quarter. Cornerstone Planning Group LLC now owns 269,734 shares of the exchange traded fund’s stock worth $10,544,000 after acquiring an additional 16,197 shares during the last quarter. Finally, Raymond James & Associates raised its position in First Trust Emerging Markets Small Cap AlphaDEX Fund by 2.1% in the third quarter. Raymond James & Associates now owns 70,096 shares of the exchange traded fund’s stock valued at $2,880,000 after purchasing an additional 1,465 shares during the period.

First Trust Emerging Markets Small Cap AlphaDEX Fund Price Performance

First Trust Emerging Markets Small Cap AlphaDEX Fund stock traded up $0.26 during trading on Tuesday, reaching $36.35. 15,191 shares of the company were exchanged, compared to its average volume of 32,774. The stock’s 50 day simple moving average is $38.57 and its two-hundred day simple moving average is $39.46. The company has a market capitalization of $274.44 million, a P/E ratio of 5.02 and a beta of 0.92. First Trust Emerging Markets Small Cap AlphaDEX Fund has a 52-week low of $35.97 and a 52-week high of $42.57.

First Trust Emerging Markets Small Cap AlphaDEX Fund Dividend Announcement

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were given a dividend of $0.4454 per share. The ex-dividend date was Friday, December 13th.

About First Trust Emerging Markets Small Cap AlphaDEX Fund

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.