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

First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS - Get Free Report) saw a large increase in short interest in the month of January. As of January 31st, there was short interest totalling 1,800 shares, an increase of 100.0% from the January 15th total of 900 shares. Based on an average trading volume of 50,800 shares, the short-interest ratio is currently 0.0 days.

First Trust Emerging Markets Small Cap AlphaDEX Fund Stock Performance

Shares of First Trust Emerging Markets Small Cap AlphaDEX Fund stock traded up $0.41 on Monday, reaching $38.51. 28,626 shares of the stock were exchanged, compared to its average volume of 58,641. The firm's 50 day moving average is $37.84 and its 200-day moving average is $38.83. First Trust Emerging Markets Small Cap AlphaDEX Fund has a one year low of $35.97 and a one year high of $42.57. The firm has a market cap of $286.90 million, a PE ratio of 5.02 and a beta of 0.92.

First Trust Emerging Markets Small Cap AlphaDEX Fund Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were paid a $0.4454 dividend. The ex-dividend date of this dividend was Friday, December 13th.

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

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Quad Cities Investment Group LLC lifted its stake in First Trust Emerging Markets Small Cap AlphaDEX Fund by 2.3% in the 4th quarter. Quad Cities Investment Group LLC now owns 43,327 shares of the exchange traded fund's stock valued at $1,635,000 after purchasing an additional 980 shares during the last quarter. HBW Advisory Services LLC lifted its stake in First Trust Emerging Markets Small Cap AlphaDEX Fund by 6.6% in the 4th quarter. HBW Advisory Services LLC now owns 33,821 shares of the exchange traded fund's stock valued at $1,276,000 after purchasing an additional 2,087 shares during the last quarter. Stifel Financial Corp lifted its stake in First Trust Emerging Markets Small Cap AlphaDEX Fund by 9.3% in the 3rd quarter. Stifel Financial Corp now owns 41,153 shares of the exchange traded fund's stock valued at $1,690,000 after purchasing an additional 3,512 shares during the last quarter. MML Investors Services LLC lifted its stake in First Trust Emerging Markets Small Cap AlphaDEX Fund by 42.2% in the 3rd quarter. MML Investors Services LLC now owns 53,429 shares of the exchange traded fund's stock valued at $2,195,000 after purchasing an additional 15,860 shares during the last quarter. Finally, Integrated Wealth Concepts LLC lifted its stake in First Trust Emerging Markets Small Cap AlphaDEX Fund by 1.3% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 128,846 shares of the exchange traded fund's stock valued at $5,293,000 after purchasing an additional 1,624 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.