First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) Sees Large Increase in Short Interest

First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS - Get Free Report) was the target of a large increase in short interest in the month of December. As of December 15th, there was short interest totalling 2,500 shares, an increase of 257.1% from the November 30th total of 700 shares. Based on an average daily trading volume, of 37,100 shares, the short-interest ratio is presently 0.1 days.

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

A number of institutional investors have recently made changes to their positions in FEMS. International Assets Investment Management LLC acquired a new stake in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund during the second quarter worth $45,000. World Equity Group Inc. boosted its position in First Trust Emerging Markets Small Cap AlphaDEX Fund by 2.5% during the third quarter. World Equity Group Inc. now owns 18,703 shares of the exchange traded fund's stock valued at $768,000 after acquiring an additional 458 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in First Trust Emerging Markets Small Cap AlphaDEX Fund by 36.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 27,060 shares of the exchange traded fund's stock worth $1,098,000 after acquiring an additional 7,256 shares during the period. HBW Advisory Services LLC raised its position in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 11.0% in the 3rd quarter. HBW Advisory Services LLC now owns 31,734 shares of the exchange traded fund's stock worth $1,304,000 after acquiring an additional 3,134 shares in the last quarter. Finally, Flow Traders U.S. LLC lifted its stake in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 16.6% in the 3rd quarter. Flow Traders U.S. LLC now owns 34,822 shares of the exchange traded fund's stock valued at $1,430,000 after purchasing an additional 4,950 shares during the period.

First Trust Emerging Markets Small Cap AlphaDEX Fund Stock Performance

Shares of NASDAQ:FEMS traded up $0.27 during mid-day trading on Thursday, reaching $38.13. 46,316 shares of the company's stock were exchanged, compared to its average volume of 31,926. First Trust Emerging Markets Small Cap AlphaDEX Fund has a twelve month low of $36.69 and a twelve month high of $42.57. The firm has a market capitalization of $310.76 million, a price-to-earnings ratio of 5.02 and a beta of 0.92. The business's fifty day moving average price is $38.97 and its 200-day moving average price is $39.75.

First Trust Emerging Markets Small Cap AlphaDEX Fund Dividend Announcement

The business also recently announced a dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th will be issued a dividend of $0.4454 per share. The ex-dividend date of this dividend is 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.

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