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

First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) was the target of a large decrease in short interest in the month of December. As of December 31st, there was short interest totalling 700 shares, a decrease of 72.0% from the December 15th total of 2,500 shares. Based on an average trading volume of 38,700 shares, the short-interest ratio is presently 0.0 days.

Institutional Trading of First Trust Emerging Markets Small Cap AlphaDEX Fund

Hedge funds have recently bought and sold shares of the company. World Equity Group Inc. grew its stake in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 2.5% during the 3rd quarter. World Equity Group Inc. now owns 18,703 shares of the exchange traded fund’s stock valued at $768,000 after purchasing an additional 458 shares during the period. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 36.6% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 27,060 shares of the exchange traded fund’s stock worth $1,098,000 after buying an additional 7,256 shares during the last quarter. HBW Advisory Services LLC grew its position in First Trust Emerging Markets Small Cap AlphaDEX Fund by 6.6% during the fourth quarter. HBW Advisory Services LLC now owns 33,821 shares of the exchange traded fund’s stock valued at $1,276,000 after buying an additional 2,087 shares during the period. Flow Traders U.S. LLC increased its holdings in First Trust Emerging Markets Small Cap AlphaDEX Fund by 16.6% during the third quarter. Flow Traders U.S. LLC now owns 34,822 shares of the exchange traded fund’s stock valued at $1,430,000 after buying an additional 4,950 shares during the last quarter. Finally, Stifel Financial Corp raised its position in First Trust Emerging Markets Small Cap AlphaDEX Fund by 9.3% in the third quarter. Stifel Financial Corp now owns 41,153 shares of the exchange traded fund’s stock worth $1,690,000 after acquiring an additional 3,512 shares during the period.

First Trust Emerging Markets Small Cap AlphaDEX Fund Trading Down 0.7 %

NASDAQ:FEMS traded down $0.25 during trading hours on Monday, reaching $36.09. The company had a trading volume of 39,985 shares, compared to its average volume of 35,298. The firm has a market cap of $272.48 million, a price-to-earnings ratio of 5.02 and a beta of 0.92. The firm’s 50 day moving average price is $38.64 and its 200-day moving average price is $39.49. 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 Dividend Announcement

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