Short Interest in First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) Increases By 6,800.0%

First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) saw a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 34,500 shares, a growth of 6,800.0% from the February 28th total of 500 shares. Approximately 0.5% of the company’s stock are sold short. Based on an average daily trading volume, of 45,700 shares, the short-interest ratio is presently 0.8 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of FEMS. Oppenheimer & Co. Inc. raised its position in First Trust Emerging Markets Small Cap AlphaDEX Fund by 1.7% in the 4th quarter. Oppenheimer & Co. Inc. now owns 19,420 shares of the exchange traded fund’s stock valued at $733,000 after purchasing an additional 331 shares in the last quarter. Nations Financial Group Inc. IA ADV raised its holdings in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 4.1% in the 4th quarter. Nations Financial Group Inc. IA ADV now owns 10,297 shares of the exchange traded fund’s stock valued at $389,000 after purchasing an additional 405 shares in the last quarter. 626 Financial LLC raised its holdings in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 0.6% in the 4th quarter. 626 Financial LLC now owns 144,845 shares of the exchange traded fund’s stock valued at $5,464,000 after purchasing an additional 832 shares in the last quarter. Quad Cities Investment Group LLC raised its stake in First Trust Emerging Markets Small Cap AlphaDEX Fund by 2.3% in the fourth quarter. Quad Cities Investment Group LLC now owns 43,327 shares of the exchange traded fund’s stock valued at $1,635,000 after buying an additional 980 shares in the last quarter. Finally, Archer Investment Corp lifted its holdings in First Trust Emerging Markets Small Cap AlphaDEX Fund by 1.5% during the 4th quarter. Archer Investment Corp now owns 67,415 shares of the exchange traded fund’s stock worth $2,543,000 after buying an additional 992 shares during the last quarter.

First Trust Emerging Markets Small Cap AlphaDEX Fund Stock Performance

Shares of NASDAQ:FEMS traded up $0.09 during trading on Thursday, hitting $37.88. The company’s stock had a trading volume of 106 shares, compared to its average volume of 34,015. First Trust Emerging Markets Small Cap AlphaDEX Fund has a fifty-two week low of $35.97 and a fifty-two week high of $42.57. The business has a 50 day moving average price of $37.83 and a two-hundred day moving average price of $38.58. The company has a market capitalization of $282.21 million, a PE ratio of 5.95 and a beta of 0.92.

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.