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 target of a significant growth in short interest in December. As of December 31st, there was short interest totaling 6,404 shares, a growth of 593.8% from the December 15th total of 923 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 17,735 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily trading volume, of 17,735 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.1% of the shares of the stock are sold short.

Institutional Investors Weigh In On First Trust Emerging Markets Small Cap AlphaDEX Fund

Several large investors have recently bought and sold shares of the company. Susquehanna International Group LLP raised its holdings in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 2.4% during the third quarter. Susquehanna International Group LLP now owns 31,817 shares of the exchange traded fund’s stock valued at $1,406,000 after acquiring an additional 732 shares during the last quarter. Integrated Wealth Concepts LLC lifted its holdings in First Trust Emerging Markets Small Cap AlphaDEX Fund by 0.4% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 119,447 shares of the exchange traded fund’s stock valued at $5,277,000 after purchasing an additional 492 shares in the last quarter. Flow Traders U.S. LLC acquired a new stake in First Trust Emerging Markets Small Cap AlphaDEX Fund during the 3rd quarter worth $2,427,000. Citadel Advisors LLC acquired a new stake in First Trust Emerging Markets Small Cap AlphaDEX Fund during the 3rd quarter worth $562,000. Finally, Private Advisor Group LLC grew its holdings in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 1.1% during the third quarter. Private Advisor Group LLC now owns 111,516 shares of the exchange traded fund’s stock worth $4,927,000 after buying an additional 1,242 shares in the last quarter.

First Trust Emerging Markets Small Cap AlphaDEX Fund Stock Performance

Shares of NASDAQ:FEMS traded up $0.30 during midday trading on Monday, reaching $44.48. 6,996 shares of the company’s stock traded hands, compared to its average volume of 13,442. The company has a fifty day simple moving average of $42.47 and a two-hundred day simple moving average of $42.61. First Trust Emerging Markets Small Cap AlphaDEX Fund has a 1 year low of $32.31 and a 1 year high of $45.10. The company has a market cap of $253.54 million, a P/E ratio of 8.10 and a beta of 0.63.

First Trust Emerging Markets Small Cap AlphaDEX Fund Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were paid a dividend of $0.6494 per share. This is an increase from First Trust Emerging Markets Small Cap AlphaDEX Fund’s previous quarterly dividend of $0.53. This represents a $2.60 dividend on an annualized basis and a dividend yield of 5.8%. The ex-dividend date of this dividend was Friday, December 12th.

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.