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

First Trust Emerging Markets AlphaDEX Fund (NASDAQ:FEM) was the target of a large growth in short interest in February. As of February 27th, there was short interest totaling 116,967 shares, a growth of 218.4% from the February 12th total of 36,733 shares. Approximately 0.6% of the company’s stock are short sold. Based on an average daily volume of 132,111 shares, the days-to-cover ratio is currently 0.9 days. Based on an average daily volume of 132,111 shares, the days-to-cover ratio is currently 0.9 days. Approximately 0.6% of the company’s stock are short sold.

Institutional Investors Weigh In On First Trust Emerging Markets AlphaDEX Fund

A number of institutional investors and hedge funds have recently made changes to their positions in the business. LPL Financial LLC boosted its stake in First Trust Emerging Markets AlphaDEX Fund by 9.7% during the 4th quarter. LPL Financial LLC now owns 1,375,536 shares of the company’s stock valued at $37,621,000 after purchasing an additional 122,038 shares during the last quarter. UBS Group AG raised its stake in shares of First Trust Emerging Markets AlphaDEX Fund by 21.7% in the third quarter. UBS Group AG now owns 641,416 shares of the company’s stock worth $17,382,000 after purchasing an additional 114,386 shares during the last quarter. Private Advisor Group LLC lifted its holdings in shares of First Trust Emerging Markets AlphaDEX Fund by 54.5% in the fourth quarter. Private Advisor Group LLC now owns 277,185 shares of the company’s stock valued at $7,581,000 after purchasing an additional 97,722 shares in the last quarter. Raymond James Financial Inc. boosted its position in shares of First Trust Emerging Markets AlphaDEX Fund by 32.8% during the second quarter. Raymond James Financial Inc. now owns 374,921 shares of the company’s stock valued at $9,208,000 after buying an additional 92,616 shares during the last quarter. Finally, VestGen Advisors LLC purchased a new position in shares of First Trust Emerging Markets AlphaDEX Fund during the fourth quarter valued at approximately $1,196,000.

First Trust Emerging Markets AlphaDEX Fund Stock Performance

Shares of First Trust Emerging Markets AlphaDEX Fund stock traded down $0.42 during trading hours on Thursday, reaching $29.93. The company’s stock had a trading volume of 145,934 shares, compared to its average volume of 142,032. First Trust Emerging Markets AlphaDEX Fund has a one year low of $19.74 and a one year high of $32.98. The company has a market capitalization of $543.23 million, a P/E ratio of 9.20 and a beta of 0.64. The stock’s fifty day simple moving average is $29.85 and its two-hundred day simple moving average is $27.94.

First Trust Emerging Markets AlphaDEX Fund Company Profile

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.