First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) Sees Significant Increase in Short Interest

First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) was the target of a significant growth in short interest in January. As of January 31st, there was short interest totalling 1,800 shares, a growth of 100.0% from the January 15th total of 900 shares. Based on an average trading volume of 50,800 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Raymond James Financial Inc. purchased a new position in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund in the fourth quarter worth $21,068,000. LPL Financial LLC raised its stake in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 1.0% in the fourth quarter. LPL Financial LLC now owns 424,504 shares of the exchange traded fund’s stock worth $16,015,000 after purchasing an additional 4,249 shares during the last quarter. Cornerstone Planning Group LLC raised its stake in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 5.9% in the fourth quarter. Cornerstone Planning Group LLC now owns 285,729 shares of the exchange traded fund’s stock worth $10,718,000 after purchasing an additional 15,995 shares during the last quarter. 626 Financial LLC raised its stake in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 0.6% in the fourth quarter. 626 Financial LLC now owns 144,845 shares of the exchange traded fund’s stock worth $5,464,000 after purchasing an additional 832 shares during the last quarter. Finally, OLD Mission Capital LLC increased its position in First Trust Emerging Markets Small Cap AlphaDEX Fund by 348.1% during the fourth quarter. OLD Mission Capital LLC now owns 138,717 shares of the exchange traded fund’s stock valued at $5,233,000 after acquiring an additional 107,760 shares during the last quarter.

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

First Trust Emerging Markets Small Cap AlphaDEX Fund stock traded up $0.41 during mid-day trading on Friday, hitting $38.51. The company had a trading volume of 28,626 shares, compared to its average volume of 58,641. First Trust Emerging Markets Small Cap AlphaDEX Fund has a 12 month low of $35.97 and a 12 month high of $42.57. The stock’s 50 day moving average price is $37.84 and its two-hundred day moving average price is $38.86. The company has a market capitalization of $286.90 million, a PE ratio of 5.02 and a beta of 0.92.

First Trust Emerging Markets Small Cap AlphaDEX Fund Dividend Announcement

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

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.