Short Interest in First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) Increases By 28.6%

First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) was the target of a significant growth in short interest during the month of January. As of January 15th, there was short interest totalling 900 shares, a growth of 28.6% from the December 31st total of 700 shares. Based on an average daily trading volume, of 35,100 shares, the days-to-cover ratio is presently 0.0 days.

Hedge Funds Weigh In On First Trust Emerging Markets Small Cap AlphaDEX Fund

Institutional investors and hedge funds have recently modified their holdings of the business. Nations Financial Group Inc. IA ADV lifted its stake in First Trust Emerging Markets Small Cap AlphaDEX Fund by 4.1% in the 4th quarter. Nations Financial Group Inc. IA ADV now owns 10,297 shares of the exchange traded fund’s stock valued at $389,000 after acquiring an additional 405 shares in the last quarter. Blue Trust Inc. boosted its holdings in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 1,237.6% in the 4th quarter. Blue Trust Inc. now owns 1,137 shares of the exchange traded fund’s stock valued at $43,000 after buying an additional 1,052 shares during the last quarter. Cornerstone Planning Group LLC increased its holdings in First Trust Emerging Markets Small Cap AlphaDEX Fund by 5.9% during the fourth quarter. Cornerstone Planning Group LLC now owns 285,729 shares of the exchange traded fund’s stock worth $10,718,000 after buying an additional 15,995 shares during the last quarter. Archer Investment Corp increased its holdings in First Trust Emerging Markets Small Cap AlphaDEX Fund by 1.5% during the fourth quarter. Archer Investment Corp now owns 67,415 shares of the exchange traded fund’s stock worth $2,543,000 after buying an additional 992 shares during the last quarter. Finally, Merit Financial Group LLC increased its holdings in First Trust Emerging Markets Small Cap AlphaDEX Fund by 564.1% during the fourth quarter. Merit Financial Group LLC now owns 82,130 shares of the exchange traded fund’s stock worth $3,098,000 after buying an additional 69,762 shares during the last quarter.

First Trust Emerging Markets Small Cap AlphaDEX Fund Trading Down 0.9 %

Shares of First Trust Emerging Markets Small Cap AlphaDEX Fund stock traded down $0.35 during trading on Monday, reaching $37.03. The company’s stock had a trading volume of 1,772 shares, compared to its average volume of 30,400. The stock has a 50-day moving average price of $38.13 and a two-hundred day moving average price of $39.05. The stock has a market capitalization of $275.87 million, a P/E ratio of 5.02 and a beta of 0.92. First Trust Emerging Markets Small Cap AlphaDEX Fund has a one year low of $35.97 and a one year high of $42.57.

First Trust Emerging Markets Small Cap AlphaDEX Fund Announces Dividend

The business also recently announced 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 of this dividend 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.