First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) Short Interest Update

First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) saw a significant decline in short interest in November. As of November 30th, there was short interest totalling 700 shares, a decline of 92.1% from the November 15th total of 8,900 shares. Based on an average daily volume of 36,500 shares, the days-to-cover ratio is currently 0.0 days.

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

A number of hedge funds have recently made changes to their positions in FEMS. Cornerstone Planning Group LLC lifted its holdings in First Trust Emerging Markets Small Cap AlphaDEX Fund by 6.4% during the 3rd quarter. Cornerstone Planning Group LLC now owns 269,734 shares of the exchange traded fund’s stock valued at $10,544,000 after purchasing an additional 16,197 shares during the last quarter. Cetera Investment Advisers raised its stake in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 8.5% in the second quarter. Cetera Investment Advisers now owns 188,414 shares of the exchange traded fund’s stock valued at $7,648,000 after acquiring an additional 14,804 shares during the last quarter. Integrated Wealth Concepts LLC boosted its holdings in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 1.3% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 128,846 shares of the exchange traded fund’s stock worth $5,293,000 after acquiring an additional 1,624 shares in the last quarter. Raymond James & Associates grew its position in First Trust Emerging Markets Small Cap AlphaDEX Fund by 2.1% during the 3rd quarter. Raymond James & Associates now owns 70,096 shares of the exchange traded fund’s stock worth $2,880,000 after acquiring an additional 1,465 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. grew its position in 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 acquiring an additional 523 shares during the last quarter.

First Trust Emerging Markets Small Cap AlphaDEX Fund Trading Up 0.9 %

FEMS stock traded up $0.34 during trading on Wednesday, hitting $40.31. The company had a trading volume of 18,973 shares, compared to its average volume of 31,937. The company has a fifty day moving average price of $39.32 and a two-hundred day moving average price of $39.94. First Trust Emerging Markets Small Cap AlphaDEX Fund has a fifty-two week low of $36.61 and a fifty-two week high of $42.57. The company has a market cap of $328.53 million, a P/E ratio of 5.02 and a beta of 0.92.

First Trust Emerging Markets Small Cap AlphaDEX Fund Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were paid a $0.3413 dividend. The ex-dividend date was Thursday, September 26th. This represents a $1.37 annualized dividend and a dividend yield of 3.39%.

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.