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

First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) was the target of a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 2,500 shares, a growth of 257.1% from the November 30th total of 700 shares. Based on an average daily trading volume, of 37,100 shares, the days-to-cover ratio is presently 0.1 days.

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

Several institutional investors have recently added to or reduced their stakes in FEMS. Cambridge Investment Research Advisors Inc. lifted its position in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 0.8% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 67,245 shares of the exchange traded fund’s stock worth $2,729,000 after buying an additional 523 shares during the last quarter. International Assets Investment Management LLC purchased a new stake in First Trust Emerging Markets Small Cap AlphaDEX Fund in the second quarter valued at $45,000. Archer Investment Corp boosted its stake in First Trust Emerging Markets Small Cap AlphaDEX Fund by 0.8% in the second quarter. Archer Investment Corp now owns 65,914 shares of the exchange traded fund’s stock valued at $2,675,000 after acquiring an additional 544 shares in the last quarter. AllGen Financial Advisors Inc. grew its holdings in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 7.8% during the second quarter. AllGen Financial Advisors Inc. now owns 63,510 shares of the exchange traded fund’s stock worth $2,578,000 after purchasing an additional 4,620 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its position in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 36.6% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 27,060 shares of the exchange traded fund’s stock worth $1,098,000 after purchasing an additional 7,256 shares in the last quarter.

First Trust Emerging Markets Small Cap AlphaDEX Fund Stock Up 0.0 %

NASDAQ FEMS traded up $0.01 on Friday, hitting $38.14. 29,231 shares of the stock were exchanged, compared to its average volume of 31,915. The company has a market cap of $310.84 million, a PE ratio of 5.02 and a beta of 0.92. The company has a 50-day moving average price of $38.95 and a 200-day moving average price of $39.74. First Trust Emerging Markets Small Cap AlphaDEX Fund has a fifty-two week low of $36.69 and a fifty-two week high of $42.57.

First Trust Emerging Markets Small Cap AlphaDEX Fund Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th will be given a dividend of $0.4454 per share. The ex-dividend date of this dividend is Friday, December 13th.

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.