First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) Stock Short Interest Report for October

First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) saw a significant drop in short interest during the month of October. As of October 30th, there was short interest totaling 572 shares, a drop of 91.3% from the October 15th total of 6,548 shares. Based on an average trading volume of 28,305 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

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

A number of institutional investors have recently modified their holdings of FEMS. Trivium Point Advisory LLC lifted its holdings in First Trust Emerging Markets Small Cap AlphaDEX Fund by 3.6% in the third quarter. Trivium Point Advisory LLC now owns 63,928 shares of the exchange traded fund’s stock valued at $2,822,000 after buying an additional 2,243 shares during the period. Beta Wealth Group Inc. grew its holdings in First Trust Emerging Markets Small Cap AlphaDEX Fund by 1.5% during the 3rd quarter. Beta Wealth Group Inc. now owns 213,338 shares of the exchange traded fund’s stock worth $9,417,000 after acquiring an additional 3,128 shares during the period. Private Advisor Group LLC raised its position in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 1.4% in the 3rd quarter. Private Advisor Group LLC now owns 121,527 shares of the exchange traded fund’s stock worth $5,364,000 after acquiring an additional 1,732 shares in the last quarter. Commonwealth Equity Services LLC bought a new position in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund in the 3rd quarter worth about $539,000. Finally, MCF Advisors LLC bought a new position in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund in the 2nd quarter worth about $64,000.

First Trust Emerging Markets Small Cap AlphaDEX Fund Price Performance

Shares of FEMS stock opened at $39.06 on Friday. The stock has a market capitalization of $191.42 million, a PE ratio of 6.10 and a beta of 0.56. The business’s 50 day simple moving average is $43.76 and its 200 day simple moving average is $45.54. First Trust Emerging Markets Small Cap AlphaDEX Fund has a one year low of $37.77 and a one year high of $49.49.

First Trust Emerging Markets Small Cap AlphaDEX Fund Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Thursday, September 24th were given a $0.3986 dividend. This is a decrease from First Trust Emerging Markets Small Cap AlphaDEX Fund’s previous quarterly dividend of $0.4450. The ex-dividend date was Thursday, September 24th. This represents a $1.59 dividend on an annualized basis and a dividend yield of 4.1%.

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.