First Trust Emerging Markets AlphaDEX Fund (NASDAQ:FEM) Short Interest Update

First Trust Emerging Markets AlphaDEX Fund (NASDAQ:FEM) was the recipient of a significant decrease in short interest in January. As of January 15th, there was short interest totalling 2,900 shares, a decrease of 84.4% from the December 31st total of 18,600 shares. Based on an average daily volume of 72,900 shares, the short-interest ratio is currently 0.0 days.

First Trust Emerging Markets AlphaDEX Fund Trading Up 0.0 %

FEM traded up $0.01 during trading on Tuesday, hitting $22.12. The stock had a trading volume of 100,283 shares, compared to its average volume of 99,493. The firm has a market cap of $384.89 million, a PE ratio of 5.06 and a beta of 0.85. First Trust Emerging Markets AlphaDEX Fund has a 12 month low of $21.07 and a 12 month high of $25.38. The company has a 50 day simple moving average of $22.32 and a 200-day simple moving average of $22.86.

First Trust Emerging Markets AlphaDEX Fund Dividend Announcement

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were issued a $0.1449 dividend. The ex-dividend date of this dividend was Friday, December 13th.

Hedge Funds Weigh In On First Trust Emerging Markets AlphaDEX Fund

Several institutional investors and hedge funds have recently added to or reduced their stakes in FEM. International Assets Investment Management LLC lifted its position in shares of First Trust Emerging Markets AlphaDEX Fund by 19,213.2% during the 3rd quarter. International Assets Investment Management LLC now owns 828,343 shares of the company’s stock worth $198,470,000 after buying an additional 824,054 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its stake in shares of First Trust Emerging Markets AlphaDEX Fund by 2.5% in the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 569,208 shares of the company’s stock valued at $12,539,000 after purchasing an additional 13,754 shares during the last quarter. Sanctuary Advisors LLC raised its position in shares of First Trust Emerging Markets AlphaDEX Fund by 8.1% during the 3rd quarter. Sanctuary Advisors LLC now owns 450,578 shares of the company’s stock valued at $10,066,000 after acquiring an additional 33,577 shares during the last quarter. Private Advisor Group LLC grew its stake in shares of First Trust Emerging Markets AlphaDEX Fund by 7.4% during the third quarter. Private Advisor Group LLC now owns 169,011 shares of the company’s stock worth $4,050,000 after purchasing an additional 11,655 shares during the period. Finally, Assetmark Inc. lifted its stake in First Trust Emerging Markets AlphaDEX Fund by 17.7% in the third quarter. Assetmark Inc. now owns 156,119 shares of the company’s stock valued at $3,741,000 after buying an additional 23,509 shares during the period.

About First Trust Emerging Markets AlphaDEX Fund

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.