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

First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) saw a significant drop in short interest in January. As of January 15th, there was short interest totalling 700 shares, a drop of 72.0% from the December 31st total of 2,500 shares. Based on an average daily volume of 38,700 shares, the short-interest ratio is currently 0.0 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of FEMS. World Equity Group Inc. lifted its stake in First Trust Emerging Markets Small Cap AlphaDEX Fund by 2.5% in the third quarter. World Equity Group Inc. now owns 18,703 shares of the exchange traded fund’s stock valued at $768,000 after purchasing an additional 458 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 36.6% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 27,060 shares of the exchange traded fund’s stock valued at $1,098,000 after buying an additional 7,256 shares during the period. HBW Advisory Services LLC lifted its position in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 11.0% during the 3rd quarter. HBW Advisory Services LLC now owns 31,734 shares of the exchange traded fund’s stock valued at $1,304,000 after buying an additional 3,134 shares during the last quarter. Flow Traders U.S. LLC grew its stake in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 16.6% during the 3rd quarter. Flow Traders U.S. LLC now owns 34,822 shares of the exchange traded fund’s stock worth $1,430,000 after acquiring an additional 4,950 shares during the period. Finally, Stifel Financial Corp increased its holdings in First Trust Emerging Markets Small Cap AlphaDEX Fund by 9.3% in the 3rd quarter. Stifel Financial Corp now owns 41,153 shares of the exchange traded fund’s stock worth $1,690,000 after acquiring an additional 3,512 shares during the last quarter.

First Trust Emerging Markets Small Cap AlphaDEX Fund Price Performance

Shares of NASDAQ FEMS traded up $0.06 during midday trading on Wednesday, reaching $37.53. The company’s stock had a trading volume of 21,642 shares, compared to its average volume of 29,380. The stock has a market capitalization of $279.60 million, a P/E ratio of 5.02 and a beta of 0.92. The firm has a 50 day moving average price of $38.18 and a 200-day moving average price of $39.13. First Trust Emerging Markets Small Cap AlphaDEX Fund has a 12-month low of $35.97 and a 12-month high of $42.57.

First Trust Emerging Markets Small Cap AlphaDEX Fund Announces Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were issued 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.