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

First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMSGet Free Report) was the target of a large decline in short interest in the month of November. As of November 15th, there was short interest totalling 8,900 shares, a decline of 79.5% from the October 31st total of 43,500 shares. Based on an average trading volume of 35,400 shares, the short-interest ratio is presently 0.3 days.

Hedge Funds Weigh In On First Trust Emerging Markets Small Cap AlphaDEX Fund

Institutional investors have recently made changes to their positions in the company. Jane Street Group LLC lifted its position in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 417.7% during the 1st quarter. Jane Street Group LLC now owns 196,367 shares of the exchange traded fund’s stock valued at $7,601,000 after buying an additional 158,439 shares in the last quarter. Cetera Investment Advisers lifted its holdings in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 195.8% in the 1st quarter. Cetera Investment Advisers now owns 173,610 shares of the exchange traded fund’s stock worth $6,720,000 after acquiring an additional 114,926 shares during the last quarter. Cetera Advisors LLC boosted its position in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 21.2% during the first quarter. Cetera Advisors LLC now owns 37,830 shares of the exchange traded fund’s stock worth $1,464,000 after buying an additional 6,612 shares during the period. HBW Advisory Services LLC lifted its position in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 15.9% during the second quarter. HBW Advisory Services LLC now owns 28,600 shares of the exchange traded fund’s stock worth $1,161,000 after purchasing an additional 3,927 shares in the last quarter. Finally, Quad Cities Investment Group LLC boosted its position in First Trust Emerging Markets Small Cap AlphaDEX Fund by 0.8% in the 2nd quarter. Quad Cities Investment Group LLC now owns 41,898 shares of the exchange traded fund’s stock valued at $1,701,000 after buying an additional 330 shares during the period.

First Trust Emerging Markets Small Cap AlphaDEX Fund Trading Down 0.1 %

Shares of NASDAQ FEMS traded down $0.05 during trading on Wednesday, reaching $38.85. 14,533 shares of the company traded hands, compared to its average volume of 31,759. The stock has a market cap of $316.63 million, a P/E ratio of 5.02 and a beta of 0.92. The firm’s fifty day simple moving average is $39.49 and its 200 day simple moving average is $40.08. First Trust Emerging Markets Small Cap AlphaDEX Fund has a 12-month low of $36.61 and a 12-month high of $42.57.

First Trust Emerging Markets Small Cap AlphaDEX Fund Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were given a $0.3413 dividend. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $1.37 annualized dividend and a yield of 3.51%.

First Trust Emerging Markets Small Cap AlphaDEX Fund Company Profile

(Get Free Report)

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.

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