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

First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) saw a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 16,939 shares, a growth of 190.3% from the June 30th total of 5,835 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average daily volume of 16,769 shares, the short-interest ratio is presently 1.0 days.

Institutional Trading of First Trust Emerging Markets Small Cap AlphaDEX Fund

A number of institutional investors and hedge funds have recently made changes to their positions in FEMS. CWM LLC boosted its position in First Trust Emerging Markets Small Cap AlphaDEX Fund by 1.5% during the 4th quarter. CWM LLC now owns 20,068 shares of the exchange traded fund’s stock valued at $845,000 after purchasing an additional 304 shares during the period. Merit Financial Group LLC increased its holdings in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 6.7% in the 4th quarter. Merit Financial Group LLC now owns 5,248 shares of the exchange traded fund’s stock worth $221,000 after acquiring an additional 330 shares during the period. Integrated Wealth Concepts LLC increased its holdings in shares of 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 worth $5,277,000 after acquiring an additional 492 shares during the period. Geneos Wealth Management Inc. lifted its position 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 valued at $43,000 after purchasing an additional 533 shares during the last quarter. Finally, Nations Financial Group Inc. IA ADV lifted its position in First Trust Emerging Markets Small Cap AlphaDEX Fund by 6.5% in the 1st quarter. Nations Financial Group Inc. IA ADV now owns 8,778 shares of the exchange traded fund’s stock valued at $400,000 after purchasing an additional 535 shares during the last quarter.

First Trust Emerging Markets Small Cap AlphaDEX Fund Price Performance

Shares of NASDAQ:FEMS traded down $0.14 during trading on Monday, reaching $43.98. 21,397 shares of the company’s stock traded hands, compared to its average volume of 30,020. The stock has a market capitalization of $244.12 million, a P/E ratio of 8.10 and a beta of 0.49. First Trust Emerging Markets Small Cap AlphaDEX Fund has a 12 month low of $39.91 and a 12 month high of $49.49. The company has a 50 day moving average of $45.95 and a 200-day moving average of $46.10.

First Trust Emerging Markets Small Cap AlphaDEX Fund Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were issued a dividend of $0.445 per share. This represents a $1.78 annualized dividend and a dividend yield of 4.0%. This is a boost from First Trust Emerging Markets Small Cap AlphaDEX Fund’s previous quarterly dividend of $0.30. The ex-dividend date of this dividend was Thursday, June 25th.

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.