First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) Short Interest Up 257.1% in December

First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) was the target of a large increase in short interest in the month of December. As of December 15th, there was short interest totalling 2,500 shares, an increase of 257.1% from the November 30th total of 700 shares. Based on an average daily volume of 37,100 shares, the days-to-cover ratio is presently 0.1 days.

Hedge Funds Weigh In On First Trust Emerging Markets Small Cap AlphaDEX Fund

A number of hedge funds have recently made changes to their positions in FEMS. Cambridge Investment Research Advisors Inc. boosted its holdings in First Trust Emerging Markets Small Cap AlphaDEX Fund by 0.8% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 67,245 shares of the exchange traded fund’s stock valued at $2,729,000 after acquiring an additional 523 shares during the period. International Assets Investment Management LLC purchased a new position in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund in the second quarter valued at approximately $45,000. Archer Investment Corp boosted its stake in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 0.8% in the second quarter. Archer Investment Corp now owns 65,914 shares of the exchange traded fund’s stock valued at $2,675,000 after purchasing an additional 544 shares during the period. AllGen Financial Advisors Inc. grew its holdings in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 7.8% in the second quarter. AllGen Financial Advisors Inc. now owns 63,510 shares of the exchange traded fund’s stock valued at $2,578,000 after purchasing an additional 4,620 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its stake in First Trust Emerging Markets Small Cap AlphaDEX Fund by 36.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 27,060 shares of the exchange traded fund’s stock worth $1,098,000 after buying an additional 7,256 shares during the period.

First Trust Emerging Markets Small Cap AlphaDEX Fund Trading Up 0.0 %

FEMS traded up $0.01 on Friday, hitting $38.14. The company had a trading volume of 29,231 shares, compared to its average volume of 31,915. The company’s fifty day moving average price is $38.95 and its 200 day moving average price is $39.74. First Trust Emerging Markets Small Cap AlphaDEX Fund has a 1 year low of $36.69 and a 1 year high of $42.57. The firm has a market cap of $310.84 million, a P/E ratio of 5.02 and a beta of 0.92.

First Trust Emerging Markets Small Cap AlphaDEX Fund Announces Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th will be issued a $0.4454 dividend. The ex-dividend date of this dividend is 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.