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

First Trust Emerging Markets AlphaDEX Fund (NASDAQ:FEM - Get Free Report) was the target of a large decrease in short interest in February. As of February 15th, there was short interest totalling 1,000 shares, a decrease of 44.4% from the January 31st total of 1,800 shares. Based on an average trading volume of 83,000 shares, the short-interest ratio is presently 0.0 days.

First Trust Emerging Markets AlphaDEX Fund Trading Up 3.0 %

First Trust Emerging Markets AlphaDEX Fund stock traded up $0.67 during mid-day trading on Wednesday, reaching $23.05. The company's stock had a trading volume of 183,514 shares, compared to its average volume of 61,211. The business has a 50 day moving average price of $22.27 and a 200-day moving average price of $22.70. First Trust Emerging Markets AlphaDEX Fund has a twelve month low of $21.07 and a twelve month high of $25.38. The firm has a market cap of $401.07 million, a price-to-earnings ratio of 7.07 and a beta of 0.85.

First Trust Emerging Markets AlphaDEX Fund Dividend Announcement

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were paid a $0.1449 dividend. The ex-dividend date was Friday, December 13th.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of FEM. Larson Financial Group LLC grew its position in First Trust Emerging Markets AlphaDEX Fund by 33.1% in the 4th quarter. Larson Financial Group LLC now owns 1,943 shares of the company's stock valued at $43,000 after buying an additional 483 shares in the last quarter. Synergy Investment Management LLC purchased a new stake in First Trust Emerging Markets AlphaDEX Fund during the fourth quarter valued at about $69,000. Tucker Asset Management LLC raised its holdings in shares of First Trust Emerging Markets AlphaDEX Fund by 23.3% during the fourth quarter. Tucker Asset Management LLC now owns 3,241 shares of the company's stock valued at $71,000 after acquiring an additional 612 shares during the period. Jones Financial Companies Lllp lifted its holdings in shares of First Trust Emerging Markets AlphaDEX Fund by 615.3% in the fourth quarter. Jones Financial Companies Lllp now owns 5,644 shares of the company's stock valued at $124,000 after purchasing an additional 4,855 shares in the last quarter. Finally, Virtu Financial LLC purchased a new stake in First Trust Emerging Markets AlphaDEX Fund in the 4th quarter worth about $206,000.

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About First Trust Emerging Markets AlphaDEX Fund

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.