First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) Short Interest Up 20.3% in March

First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) was the recipient of a significant increase in short interest during the month of March. As of March 31st, there was short interest totalling 41,500 shares, an increase of 20.3% from the March 15th total of 34,500 shares. Based on an average daily volume of 48,600 shares, the days-to-cover ratio is currently 0.9 days. Approximately 0.6% of the shares of the stock are sold short.

Institutional Trading of First Trust Emerging Markets Small Cap AlphaDEX Fund

Institutional investors have recently added to or reduced their stakes in the stock. HBW Advisory Services LLC grew 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 valued at $1,276,000 after buying an additional 2,087 shares in the last quarter. Quad Cities Investment Group LLC increased its stake in First Trust Emerging Markets Small Cap AlphaDEX Fund by 2.3% during the fourth quarter. Quad Cities Investment Group LLC now owns 43,327 shares of the exchange traded fund’s stock worth $1,635,000 after purchasing an additional 980 shares during the period. 626 Financial LLC lifted its position in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 0.6% during 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 in the last quarter. Merit Financial Group LLC boosted its stake in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 564.1% in the fourth quarter. Merit Financial Group LLC now owns 82,130 shares of the exchange traded fund’s stock valued at $3,098,000 after purchasing an additional 69,762 shares during the period. Finally, Archer Investment Corp grew its holdings in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 1.5% in the fourth quarter. Archer Investment Corp now owns 67,415 shares of the exchange traded fund’s stock valued at $2,543,000 after purchasing an additional 992 shares in the last quarter.

First Trust Emerging Markets Small Cap AlphaDEX Fund Trading Up 2.1 %

First Trust Emerging Markets Small Cap AlphaDEX Fund stock opened at $36.34 on Wednesday. The stock has a market cap of $236.18 million, a P/E ratio of 7.92 and a beta of 0.92. The company has a 50-day moving average price of $36.94 and a 200 day moving average price of $37.94. First Trust Emerging Markets Small Cap AlphaDEX Fund has a 12-month low of $32.31 and a 12-month high of $42.57.

First Trust Emerging Markets Small Cap AlphaDEX Fund Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were paid a dividend of $0.0936 per share. This represents a $0.37 annualized dividend and a yield of 1.03%. The ex-dividend date of this dividend was Thursday, March 27th.

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.