First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) Short Interest Down 72.0% in January

First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS - Get Free Report) was the recipient of a large decline in short interest in January. As of January 15th, there was short interest totalling 700 shares, a decline of 72.0% from the December 31st total of 2,500 shares. Based on an average daily volume of 38,700 shares, the days-to-cover ratio is currently 0.0 days.

First Trust Emerging Markets Small Cap AlphaDEX Fund Stock Down 1.1 %

NASDAQ FEMS traded down $0.43 during trading hours on Friday, hitting $37.38. 59,037 shares of the company were exchanged, compared to its average volume of 30,402. The firm has a market cap of $278.48 million, a price-to-earnings ratio of 5.02 and a beta of 0.92. The company has a 50 day moving average of $38.13 and a two-hundred day moving average of $39.05. First Trust Emerging Markets Small Cap AlphaDEX Fund has a 52-week low of $35.97 and a 52-week high of $42.57.

First Trust Emerging Markets Small Cap AlphaDEX Fund Announces Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were paid a dividend of $0.4454 per share. The ex-dividend date was Friday, December 13th.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in FEMS. Northwestern Mutual Wealth Management Co. raised its holdings in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 36.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 27,060 shares of the exchange traded fund's stock valued at $1,098,000 after purchasing an additional 7,256 shares in the last quarter. Cetera Investment Advisers raised its stake in First Trust Emerging Markets Small Cap AlphaDEX Fund by 8.5% in the second quarter. Cetera Investment Advisers now owns 188,414 shares of the exchange traded fund's stock valued at $7,648,000 after buying an additional 14,804 shares in the last quarter. HBW Advisory Services LLC lifted its holdings in First Trust Emerging Markets Small Cap AlphaDEX Fund by 11.0% during the 3rd quarter. HBW Advisory Services LLC now owns 31,734 shares of the exchange traded fund's stock worth $1,304,000 after buying an additional 3,134 shares during the last quarter. Quad Cities Investment Group LLC boosted its position in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 1.1% during the 3rd quarter. Quad Cities Investment Group LLC now owns 42,347 shares of the exchange traded fund's stock worth $1,740,000 after acquiring an additional 449 shares in the last quarter. Finally, Raymond James & Associates increased its holdings in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 2.1% in the 3rd quarter. Raymond James & Associates now owns 70,096 shares of the exchange traded fund's stock valued at $2,880,000 after acquiring an additional 1,465 shares during the last quarter.

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.