First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) Short Interest Update

First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS - Get Free Report) was the target of a large increase in short interest in March. As of March 15th, there was short interest totalling 34,500 shares, an increase of 6,800.0% from the February 28th total of 500 shares. Based on an average daily volume of 45,700 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.5% of the company's stock are short sold.

First Trust Emerging Markets Small Cap AlphaDEX Fund Price Performance

FEMS traded down $0.36 during trading on Friday, reaching $37.54. The company had a trading volume of 17,828 shares, compared to its average volume of 33,913. The company has a market cap of $279.67 million, a P/E ratio of 5.95 and a beta of 0.92. First Trust Emerging Markets Small Cap AlphaDEX Fund has a 12 month low of $35.97 and a 12 month high of $42.57. The business's fifty day moving average price is $37.87 and its 200 day moving average price is $38.57.

First Trust Emerging Markets Small Cap AlphaDEX Fund Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 27th will be given a $0.0936 dividend. The ex-dividend date is Thursday, March 27th. This represents a $0.37 annualized dividend and a yield of 1.00%.

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. Blue Trust Inc. lifted its holdings in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 1,237.6% in the fourth quarter. Blue Trust Inc. now owns 1,137 shares of the exchange traded fund's stock valued at $43,000 after purchasing an additional 1,052 shares in the last quarter. Two Sigma Securities LLC bought a new stake in First Trust Emerging Markets Small Cap AlphaDEX Fund in the 4th quarter valued at approximately $215,000. Richmond Investment Services LLC acquired a new position in First Trust Emerging Markets Small Cap AlphaDEX Fund during the 4th quarter worth approximately $225,000. Stonehaven Wealth & Tax Solutions LLC acquired a new position in First Trust Emerging Markets Small Cap AlphaDEX Fund during the 4th quarter worth approximately $388,000. Finally, Nations Financial Group Inc. IA ADV grew its stake in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 4.1% during the 4th quarter. Nations Financial Group Inc. IA ADV now owns 10,297 shares of the exchange traded fund's stock worth $389,000 after acquiring an additional 405 shares in the last quarter.

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First Trust Emerging Markets Small Cap AlphaDEX Fund Company Profile

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.