First Trust Emerging Markets AlphaDEX Fund (NASDAQ:FEM) Short Interest Down 84.4% in January

First Trust Emerging Markets AlphaDEX Fund (NASDAQ:FEM) was the target of a significant drop in short interest during the month of January. As of January 15th, there was short interest totalling 2,900 shares, a drop of 84.4% from the December 31st total of 18,600 shares. Based on an average daily trading volume, of 72,900 shares, the short-interest ratio is presently 0.0 days.

First Trust Emerging Markets AlphaDEX Fund Trading Down 0.1 %

Shares of NASDAQ:FEM traded down $0.02 during mid-day trading on Wednesday, reaching $22.10. The company had a trading volume of 84,149 shares, compared to its average volume of 98,636. The company’s 50-day moving average price is $22.32 and its 200-day moving average price is $22.84. First Trust Emerging Markets AlphaDEX Fund has a one year low of $21.07 and a one year high of $25.38. The firm has a market cap of $384.54 million, a price-to-earnings ratio of 5.06 and a beta of 0.85.

First Trust Emerging Markets 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 $0.1449 per share. The ex-dividend date of this dividend was Friday, December 13th.

Institutional Investors Weigh In On First Trust Emerging Markets AlphaDEX Fund

Several large investors have recently added to or reduced their stakes in the company. HBW Advisory Services LLC purchased a new stake in shares of First Trust Emerging Markets AlphaDEX Fund in the fourth quarter worth about $245,000. Great Valley Advisor Group Inc. grew its position in First Trust Emerging Markets AlphaDEX Fund by 9.0% in the third quarter. Great Valley Advisor Group Inc. now owns 11,657 shares of the company’s stock worth $279,000 after acquiring an additional 961 shares in the last quarter. Pine Valley Investments Ltd Liability Co grew its position in First Trust Emerging Markets AlphaDEX Fund by 7.8% in the third quarter. Pine Valley Investments Ltd Liability Co now owns 11,820 shares of the company’s stock worth $283,000 after acquiring an additional 860 shares in the last quarter. CreativeOne Wealth LLC bought a new position in First Trust Emerging Markets AlphaDEX Fund in the third quarter valued at $318,000. Finally, Trueblood Wealth Management LLC raised its position in First Trust Emerging Markets AlphaDEX Fund by 17.9% during the third quarter. Trueblood Wealth Management LLC now owns 13,817 shares of the company’s stock valued at $331,000 after purchasing an additional 2,100 shares in the last quarter.

First Trust Emerging Markets AlphaDEX Fund Company Profile

The First Trust Emerging Markets AlphaDEX Fund (FEM) is an exchange-traded fund that is based on the NASDAQ AlphaDEX EM index. The fund tracks an index of emerging markets companies selected using a quantitative methodology and weighted in tiers. FEM was launched on Apr 18, 2011 and is managed by First Trust.