First Trust Emerging Markets AlphaDEX Fund (NASDAQ:FEM) Stock Short Interest Report for September

First Trust Emerging Markets AlphaDEX Fund (NASDAQ:FEM) saw a large decrease in short interest during the month of September. As of September 30th, there was short interest totaling 13,828 shares, a decrease of 78.0% from the September 15th total of 62,848 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 114,850 shares, the days-to-cover ratio is presently 0.1 days.

First Trust Emerging Markets AlphaDEX Fund Stock Down 0.3%

Shares of NASDAQ:FEM traded down $0.10 during midday trading on Tuesday, hitting $33.02. The stock had a trading volume of 19,594 shares, compared to its average volume of 125,082. The company has a market cap of $812.41 million, a P/E ratio of 9.20 and a beta of 0.62. First Trust Emerging Markets AlphaDEX Fund has a 12 month low of $25.93 and a 12 month high of $35.61. The business’s 50-day simple moving average is $32.81 and its 200-day simple moving average is $32.21.

First Trust Emerging Markets AlphaDEX Fund Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Thursday, September 24th were given a $0.2849 dividend. This is a boost from First Trust Emerging Markets AlphaDEX Fund’s previous quarterly dividend of $0.1899. The ex-dividend date of this dividend was Thursday, September 24th. This represents a $1.14 dividend on an annualized basis and a dividend yield of 3.5%.

Institutional Investors Weigh In On First Trust Emerging Markets AlphaDEX Fund

A number of institutional investors and hedge funds have recently modified their holdings of the company. Bank of America Corp DE lifted its holdings in First Trust Emerging Markets AlphaDEX Fund by 24.4% during the 1st quarter. Bank of America Corp DE now owns 1,303,530 shares of the company’s stock valued at $39,045,000 after purchasing an additional 255,989 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in First Trust Emerging Markets AlphaDEX Fund by 3.1% during the second quarter. Envestnet Asset Management Inc. now owns 875,590 shares of the company’s stock worth $28,010,000 after purchasing an additional 26,228 shares during the period. First Trust Advisors LP increased its holdings in shares of First Trust Emerging Markets AlphaDEX Fund by 2,581.4% in the first quarter. First Trust Advisors LP now owns 758,297 shares of the company’s stock valued at $22,714,000 after purchasing an additional 730,017 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its position in shares of First Trust Emerging Markets AlphaDEX Fund by 1.9% in the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 617,179 shares of the company’s stock valued at $18,487,000 after purchasing an additional 11,746 shares during the period. Finally, Cetera Investment Advisers raised its position in shares of First Trust Emerging Markets AlphaDEX Fund by 25.2% in the first quarter. Cetera Investment Advisers now owns 365,701 shares of the company’s stock valued at $10,954,000 after purchasing an additional 73,681 shares during the period.

First Trust Emerging Markets AlphaDEX Fund Company Profile

The First Trust Emerging Markets AlphaDEX Fund (FEM) is an exchange-traded fund that is based on the NASDAQ AlphaDEX EM index. The fund tracks an index of emerging markets companies selected using a quantitative methodology and weighted in tiers. FEM was launched on Apr 18, 2011 and is managed by First Trust.