First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) Short Interest Up 138.8% in July

First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) was the recipient of a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 40,449 shares, a growth of 138.8% from the July 15th total of 16,939 shares. Currently, 0.7% of the company’s stock are short sold. Based on an average daily trading volume, of 38,006 shares, the short-interest ratio is currently 1.1 days.

Institutional Trading of First Trust Emerging Markets Small Cap AlphaDEX Fund

Institutional investors have recently bought and sold shares of the company. Fifth Third Bancorp purchased a new position in First Trust Emerging Markets Small Cap AlphaDEX Fund in the first quarter valued at about $41,000. Geneos Wealth Management Inc. raised its stake in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 100.0% during the 2nd quarter. Geneos Wealth Management Inc. now owns 1,066 shares of the exchange traded fund’s stock worth $43,000 after purchasing an additional 533 shares in the last quarter. Kestra Advisory Services LLC acquired a new stake in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund during the 4th quarter valued at about $68,000. Sankala Group LLC acquired a new stake in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund during the 4th quarter valued at about $93,000. Finally, Indivisible Partners bought a new stake in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund in the 4th quarter valued at approximately $220,000.

First Trust Emerging Markets Small Cap AlphaDEX Fund Price Performance

First Trust Emerging Markets Small Cap AlphaDEX Fund stock traded up $0.12 during trading hours on Friday, hitting $45.88. The company had a trading volume of 25,705 shares, compared to its average volume of 30,798. First Trust Emerging Markets Small Cap AlphaDEX Fund has a fifty-two week low of $40.94 and a fifty-two week high of $49.49. The firm has a market capitalization of $254.63 million, a P/E ratio of 8.10 and a beta of 0.50. The firm’s fifty day moving average is $45.33 and its 200-day moving average is $46.09.

First Trust Emerging Markets Small Cap AlphaDEX Fund Increases Dividend

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