Short Interest in First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) Grows By 19.9%

First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) was the recipient of a significant increase in short interest in February. As of February 13th, there was short interest totaling 8,849 shares, an increase of 19.9% from the January 29th total of 7,383 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily volume of 22,491 shares, the short-interest ratio is presently 0.4 days. Based on an average daily volume of 22,491 shares, the short-interest ratio is presently 0.4 days. Currently, 0.2% of the shares of the stock are short sold.

Institutional Trading of First Trust Emerging Markets Small Cap AlphaDEX Fund

Several institutional investors have recently made changes to their positions in the business. Geneos Wealth Management Inc. lifted its holdings in First Trust Emerging Markets Small Cap AlphaDEX Fund by 100.0% in the 2nd quarter. Geneos Wealth Management Inc. now owns 1,066 shares of the exchange traded fund’s stock worth $43,000 after purchasing an additional 533 shares in the last quarter. Kestra Advisory Services LLC bought a new stake in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund during the fourth quarter valued at approximately $68,000. Sankala Group LLC purchased a new position in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund in the fourth quarter worth $93,000. Stonehaven Wealth & Tax Solutions LLC purchased a new position in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund in the fourth quarter worth $206,000. Finally, Indivisible Partners bought a new position in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund during the fourth quarter worth $220,000.

First Trust Emerging Markets Small Cap AlphaDEX Fund Price Performance

Shares of FEMS stock opened at $45.03 on Friday. First Trust Emerging Markets Small Cap AlphaDEX Fund has a one year low of $32.31 and a one year high of $48.26. The company’s fifty day moving average price is $45.30 and its 200-day moving average price is $43.78. The company has a market capitalization of $254.42 million, a price-to-earnings ratio of 8.10 and a beta of 0.63.

First Trust Emerging Markets Small Cap AlphaDEX Fund Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were given a $0.6494 dividend. The ex-dividend date was Friday, December 12th. This is a positive change from First Trust Emerging Markets Small Cap AlphaDEX Fund’s previous quarterly dividend of $0.53. This represents a $2.60 annualized dividend and a dividend yield of 5.8%.

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.