First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) Sees Large Increase in Short Interest

First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) was the recipient of a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 5,835 shares, a growth of 217.5% from the June 15th total of 1,838 shares. Based on an average daily volume of 29,462 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the company’s shares are short sold.

First Trust Emerging Markets Small Cap AlphaDEX Fund Stock Performance

NASDAQ:FEMS opened at $45.46 on Wednesday. The stock’s fifty day moving average price is $46.45 and its two-hundred day moving average price is $45.95. First Trust Emerging Markets Small Cap AlphaDEX Fund has a 52-week low of $39.91 and a 52-week high of $49.49. The company has a market cap of $252.30 million, a price-to-earnings ratio of 8.10 and a beta of 0.49.

First Trust Emerging Markets Small Cap AlphaDEX Fund Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were given a dividend of $0.445 per share. The ex-dividend date was Thursday, June 25th. This is an increase from First Trust Emerging Markets Small Cap AlphaDEX Fund’s previous quarterly dividend of $0.30. This represents a $1.78 dividend on an annualized basis and a dividend yield of 3.9%.

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

Several large investors have recently made changes to their positions in the company. Crusonia Wealth Advisors LLC bought a new stake in First Trust Emerging Markets Small Cap AlphaDEX Fund in the fourth quarter valued at approximately $2,481,000. Flow Traders U.S. LLC bought a new position in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund during the third quarter worth $2,427,000. VestGen Advisors LLC boosted its position in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 64.6% during the fourth quarter. VestGen Advisors LLC now owns 71,601 shares of the exchange traded fund’s stock worth $3,014,000 after purchasing an additional 28,091 shares in the last quarter. Citadel Advisors LLC acquired a new position in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund in the 3rd quarter valued at $562,000. Finally, Private Advisor Group LLC grew its holdings in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 9.4% in the 4th quarter. Private Advisor Group LLC now owns 121,988 shares of the exchange traded fund’s stock valued at $5,135,000 after buying an additional 10,472 shares during the period.

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.