First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) Short Interest Down 75.5% in December

First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) saw a significant decrease in short interest during the month of December. As of December 15th, there was short interest totaling 923 shares, a decrease of 75.5% from the November 30th total of 3,771 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 11,264 shares, the days-to-cover ratio is presently 0.1 days. Based on an average trading volume of 11,264 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

First Trust Emerging Markets Small Cap AlphaDEX Fund Stock Up 0.3%

NASDAQ:FEMS traded up $0.12 on Friday, hitting $42.39. The stock had a trading volume of 4,321 shares, compared to its average volume of 29,260. The stock has a market cap of $262.82 million, a price-to-earnings ratio of 8.10 and a beta of 0.63. The business’s 50-day simple moving average is $42.34 and its two-hundred day simple moving average is $42.35. First Trust Emerging Markets Small Cap AlphaDEX Fund has a 52-week low of $32.31 and a 52-week high of $45.10.

First Trust Emerging Markets Small Cap AlphaDEX Fund Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Friday, December 12th will be issued a $0.6494 dividend. The ex-dividend date of this dividend is Friday, December 12th. This is a positive change from First Trust Emerging Markets Small Cap AlphaDEX Fund’s previous quarterly dividend of $0.53. This represents a $2.60 dividend on an annualized basis and a dividend yield of 6.1%.

Institutional Trading of First Trust Emerging Markets Small Cap AlphaDEX Fund

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Geneos Wealth Management Inc. raised its position in First Trust Emerging Markets Small Cap AlphaDEX Fund by 100.0% in the second quarter. Geneos Wealth Management Inc. now owns 1,066 shares of the exchange traded fund’s stock worth $43,000 after acquiring an additional 533 shares during the period. Ameritas Advisory Services LLC purchased a new stake in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund in the 2nd quarter worth $61,000. Private Trust Co. NA raised its holdings in First Trust Emerging Markets Small Cap AlphaDEX Fund by 9.4% in the 2nd quarter. Private Trust Co. NA now owns 5,935 shares of the exchange traded fund’s stock worth $241,000 after purchasing an additional 508 shares during the period. Richmond Investment Services LLC lifted its position in First Trust Emerging Markets Small Cap AlphaDEX Fund by 100.3% during the second quarter. Richmond Investment Services LLC now owns 10,864 shares of the exchange traded fund’s stock valued at $441,000 after purchasing an additional 5,440 shares in the last quarter. Finally, Citadel Advisors LLC purchased a new position in First Trust Emerging Markets Small Cap AlphaDEX Fund during the third quarter valued at $562,000.

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.