First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) Short Interest Up 28.6% in January

First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) was the recipient of a significant increase in short interest in the month of January. As of January 15th, there was short interest totalling 900 shares, an increase of 28.6% from the December 31st total of 700 shares. Based on an average daily volume of 35,100 shares, the days-to-cover ratio is currently 0.0 days.

First Trust Emerging Markets Small Cap AlphaDEX Fund Trading Down 1.1 %

Shares of First Trust Emerging Markets Small Cap AlphaDEX Fund stock opened at $37.38 on Friday. The business’s 50 day simple moving average is $38.13 and its 200-day simple moving average is $39.09. The stock has a market capitalization of $278.48 million, a price-to-earnings ratio of 5.02 and a beta of 0.92. First Trust Emerging Markets Small Cap AlphaDEX Fund has a twelve month low of $35.97 and a twelve month high of $42.57.

First Trust Emerging Markets Small Cap AlphaDEX Fund Announces Dividend

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were paid a dividend of $0.4454 per share. The ex-dividend date was Friday, December 13th.

Institutional Investors Weigh In On First Trust Emerging Markets Small Cap AlphaDEX Fund

A number of hedge funds and other institutional investors have recently modified their holdings of FEMS. Blue Trust Inc. lifted its position 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 worth $43,000 after purchasing an additional 1,052 shares in the last quarter. Nations Financial Group Inc. IA ADV lifted its holdings in 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 worth $389,000 after purchasing an additional 405 shares during the last quarter. World Equity Group Inc. grew its holdings in First Trust Emerging Markets Small Cap AlphaDEX Fund by 2.5% during the third 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 last quarter. Northwestern Mutual Wealth Management Co. raised its position 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 valued at $1,098,000 after purchasing an additional 7,256 shares during the period. Finally, HBW Advisory Services LLC lifted its stake in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 6.6% in the fourth quarter. HBW Advisory Services LLC now owns 33,821 shares of the exchange traded fund’s stock worth $1,276,000 after buying an additional 2,087 shares during the last quarter.

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.