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 during 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 daily trading volume, of 35,400 shares, the short-interest ratio is currently 0.3 days.

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

Institutional investors have recently added to or reduced their stakes in the company. International Assets Investment Management LLC bought a new position in First Trust Emerging Markets Small Cap AlphaDEX Fund in the 2nd quarter valued at $45,000. World Equity Group Inc. grew its position in First Trust Emerging Markets Small Cap AlphaDEX Fund by 2.5% during the third quarter. World Equity Group Inc. now owns 18,703 shares of the exchange traded fund’s stock valued at $768,000 after buying an additional 458 shares during the period. Northwestern Mutual Wealth Management Co. increased its holdings in 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 buying an additional 7,256 shares during the last quarter. HBW Advisory Services LLC raised its position in First Trust Emerging Markets Small Cap AlphaDEX Fund by 15.9% in the second quarter. HBW Advisory Services LLC now owns 28,600 shares of the exchange traded fund’s stock worth $1,161,000 after acquiring an additional 3,927 shares during the period. Finally, Flow Traders U.S. LLC boosted its stake in First Trust Emerging Markets Small Cap AlphaDEX Fund by 16.6% in the third quarter. Flow Traders U.S. LLC now owns 34,822 shares of the exchange traded fund’s stock valued at $1,430,000 after acquiring an additional 4,950 shares during the last quarter.

First Trust Emerging Markets Small Cap AlphaDEX Fund Stock Performance

FEMS traded up $0.16 during mid-day trading on Friday, reaching $39.01. 5,386 shares of the stock were exchanged, compared to its average volume of 31,645. First Trust Emerging Markets Small Cap AlphaDEX Fund has a 1 year low of $36.61 and a 1 year high of $42.57. The stock has a market capitalization of $317.89 million, a PE ratio of 5.02 and a beta of 0.92. The company has a 50 day moving average price of $39.46 and a two-hundred day moving average price of $40.07.

First Trust Emerging Markets Small Cap AlphaDEX Fund Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were issued a dividend of $0.3413 per share. This represents a $1.37 annualized dividend and a yield of 3.50%. The ex-dividend date was Thursday, September 26th.

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.