Short Interest in First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) Rises By 6,800.0%

First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) was the target of a large increase in short interest in March. As of March 15th, there was short interest totalling 34,500 shares, an increase of 6,800.0% from the February 28th total of 500 shares. Approximately 0.5% of the shares of the stock are short sold. Based on an average daily trading volume, of 45,700 shares, the short-interest ratio is presently 0.8 days.

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

Several large investors have recently made changes to their positions in the company. Raymond James Financial Inc. bought a new position in First Trust Emerging Markets Small Cap AlphaDEX Fund during the 4th quarter valued at about $21,068,000. LPL Financial LLC increased its holdings in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 1.0% during the fourth quarter. LPL Financial LLC now owns 424,504 shares of the exchange traded fund’s stock worth $16,015,000 after buying an additional 4,249 shares in the last quarter. Cornerstone Planning Group LLC increased its holdings in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 5.9% during the fourth quarter. Cornerstone Planning Group LLC now owns 285,729 shares of the exchange traded fund’s stock worth $10,718,000 after buying an additional 15,995 shares in the last quarter. 626 Financial LLC raised its stake in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 0.6% in the fourth quarter. 626 Financial LLC now owns 144,845 shares of the exchange traded fund’s stock valued at $5,464,000 after acquiring an additional 832 shares during the last quarter. Finally, OLD Mission Capital LLC boosted its holdings in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 348.1% in the 4th quarter. OLD Mission Capital LLC now owns 138,717 shares of the exchange traded fund’s stock worth $5,233,000 after acquiring an additional 107,760 shares in the last quarter.

First Trust Emerging Markets Small Cap AlphaDEX Fund Price Performance

First Trust Emerging Markets Small Cap AlphaDEX Fund stock opened at $37.90 on Friday. The business has a 50 day simple moving average of $37.86 and a 200 day simple moving average of $38.57. First Trust Emerging Markets Small Cap AlphaDEX Fund has a one year low of $35.97 and a one year high of $42.57. The company has a market capitalization of $282.36 million, a PE ratio of 5.95 and a beta of 0.92.

First Trust Emerging Markets Small Cap AlphaDEX Fund Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Thursday, March 27th will be issued a dividend of $0.0936 per share. The ex-dividend date is Thursday, March 27th. This represents a $0.37 dividend on an annualized basis and a dividend yield of 0.99%.

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.