First Trust Emerging Markets AlphaDEX Fund (NASDAQ:FEM) Short Interest Update

First Trust Emerging Markets AlphaDEX Fund (NASDAQ:FEM - Get Free Report) was the recipient of a large growth in short interest in February. As of February 28th, there was short interest totalling 4,800 shares, a growth of 380.0% from the February 13th total of 1,000 shares. Currently, 0.0% of the company's stock are sold short. Based on an average daily volume of 81,000 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Trading of First Trust Emerging Markets AlphaDEX Fund

Several hedge funds have recently added to or reduced their stakes in FEM. Larson Financial Group LLC lifted its position in shares of First Trust Emerging Markets AlphaDEX Fund by 33.1% during the 4th quarter. Larson Financial Group LLC now owns 1,943 shares of the company's stock worth $43,000 after purchasing an additional 483 shares during the last quarter. Synergy Investment Management LLC purchased a new stake in First Trust Emerging Markets AlphaDEX Fund during the 4th quarter worth about $69,000. Tucker Asset Management LLC boosted its position in shares of First Trust Emerging Markets AlphaDEX Fund by 23.3% during the 4th quarter. Tucker Asset Management LLC now owns 3,241 shares of the company's stock worth $71,000 after acquiring an additional 612 shares in the last quarter. Jones Financial Companies Lllp increased its holdings in shares of First Trust Emerging Markets AlphaDEX Fund by 615.3% in the 4th quarter. Jones Financial Companies Lllp now owns 5,644 shares of the company's stock valued at $124,000 after acquiring an additional 4,855 shares during the last quarter. Finally, Virtu Financial LLC acquired a new stake in shares of First Trust Emerging Markets AlphaDEX Fund during the 4th quarter worth about $206,000.

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First Trust Emerging Markets AlphaDEX Fund Stock Performance

FEM stock traded up $0.43 during mid-day trading on Friday, reaching $23.49. The company had a trading volume of 138,088 shares, compared to its average volume of 62,365. First Trust Emerging Markets AlphaDEX Fund has a fifty-two week low of $21.07 and a fifty-two week high of $25.38. The company has a market capitalization of $408.73 million, a price-to-earnings ratio of 7.07 and a beta of 0.85. The firm has a fifty day simple moving average of $22.39 and a 200 day simple moving average of $22.69.

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.