First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) Short Interest Update

First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) was the recipient of a large decrease in short interest in November. As of November 15th, there was short interest totalling 8,900 shares, a decrease of 79.5% from the October 31st total of 43,500 shares. Based on an average daily trading volume, of 35,400 shares, the days-to-cover ratio is presently 0.3 days.

First Trust Emerging Markets Small Cap AlphaDEX Fund Stock Down 0.1 %

FEMS traded down $0.05 on Wednesday, hitting $38.85. The company had a trading volume of 14,533 shares, compared to its average volume of 31,759. The business’s fifty day simple moving average is $39.49 and its 200 day simple moving average is $40.08. First Trust Emerging Markets Small Cap AlphaDEX Fund has a 12-month low of $36.61 and a 12-month high of $42.57. The company has a market cap of $316.63 million, a PE ratio of 5.02 and a beta of 0.92.

First Trust Emerging Markets Small Cap AlphaDEX Fund Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were paid a $0.3413 dividend. This represents a $1.37 annualized dividend and a dividend yield of 3.51%. The ex-dividend date was Thursday, September 26th.

Institutional Trading of First Trust Emerging Markets Small Cap AlphaDEX Fund

Several institutional investors have recently added to or reduced their stakes in the company. Cornerstone Planning Group LLC boosted its stake in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 6.4% during the third quarter. Cornerstone Planning Group LLC now owns 269,734 shares of the exchange traded fund’s stock valued at $10,544,000 after purchasing an additional 16,197 shares in the last quarter. Jane Street Group LLC increased its holdings in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 417.7% in the 1st quarter. Jane Street Group LLC now owns 196,367 shares of the exchange traded fund’s stock valued at $7,601,000 after acquiring an additional 158,439 shares during the period. Cetera Investment Advisers raised its position in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 8.5% in the 2nd quarter. Cetera Investment Advisers now owns 188,414 shares of the exchange traded fund’s stock worth $7,648,000 after acquiring an additional 14,804 shares in the last quarter. Integrated Wealth Concepts LLC lifted its stake in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 1.3% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 128,846 shares of the exchange traded fund’s stock worth $5,293,000 after purchasing an additional 1,624 shares during the last quarter. Finally, Raymond James & Associates boosted its position in First Trust Emerging Markets Small Cap AlphaDEX Fund by 2.1% during the third quarter. Raymond James & Associates now owns 70,096 shares of the exchange traded fund’s stock valued at $2,880,000 after purchasing an additional 1,465 shares in 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.