First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS - Get Free Report) was the target of a large decrease in short interest in February. As of February 28th, there was short interest totalling 500 shares, a decrease of 70.6% from the February 13th total of 1,700 shares. Currently, 0.0% of the company's stock are short sold. Based on an average daily volume of 47,800 shares, the days-to-cover ratio is presently 0.0 days.
First Trust Emerging Markets Small Cap AlphaDEX Fund Stock Performance
NASDAQ FEMS traded down $0.00 during trading hours on Thursday, reaching $37.66. 4,996 shares of the company's stock were exchanged, compared to its average volume of 34,249. The company has a market capitalization of $280.54 million, a price-to-earnings ratio of 6.04 and a beta of 0.92. 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 company's 50-day moving average is $37.61 and its two-hundred day moving average is $38.67.
Hedge Funds Weigh In On First Trust Emerging Markets Small Cap AlphaDEX Fund
Several hedge funds have recently made changes to their positions in FEMS. Raymond James Financial Inc. bought a new position in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund during the 4th quarter worth approximately $21,068,000. OLD Mission Capital LLC lifted its holdings in First Trust Emerging Markets Small Cap AlphaDEX Fund by 348.1% during the 4th quarter. OLD Mission Capital LLC now owns 138,717 shares of the exchange traded fund's stock valued at $5,233,000 after purchasing an additional 107,760 shares during the last quarter. SRS Capital Advisors Inc. acquired a new stake in First Trust Emerging Markets Small Cap AlphaDEX Fund during the 4th quarter valued at $2,995,000. Independent Advisor Alliance acquired a new stake in First Trust Emerging Markets Small Cap AlphaDEX Fund during the 4th quarter valued at $2,802,000. Finally, Merit Financial Group LLC lifted its holdings in First Trust Emerging Markets Small Cap AlphaDEX Fund by 564.1% during the 4th quarter. Merit Financial Group LLC now owns 82,130 shares of the exchange traded fund's stock valued at $3,098,000 after purchasing an additional 69,762 shares during the last quarter.
About First Trust Emerging Markets Small Cap AlphaDEX Fund
(
Get Free Report)
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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