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

First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) was the target of a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 40,449 shares, an increase of 138.8% from the July 15th total of 16,939 shares. Based on an average daily volume of 38,006 shares, the short-interest ratio is presently 1.1 days. Currently, 0.7% of the company’s shares are sold short.

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

Hedge funds and other institutional investors have recently made changes to their positions in the company. CWM LLC lifted its holdings in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 1.5% in the 4th quarter. CWM LLC now owns 20,068 shares of the exchange traded fund’s stock worth $845,000 after acquiring an additional 304 shares during the last quarter. Merit Financial Group LLC raised its position in First Trust Emerging Markets Small Cap AlphaDEX Fund by 6.7% in the 4th quarter. Merit Financial Group LLC now owns 5,248 shares of the exchange traded fund’s stock worth $221,000 after purchasing an additional 330 shares during the period. Integrated Wealth Concepts LLC lifted its stake in First Trust Emerging Markets Small Cap AlphaDEX Fund by 0.4% in the third quarter. Integrated Wealth Concepts LLC now owns 119,447 shares of the exchange traded fund’s stock worth $5,277,000 after purchasing an additional 492 shares during the last quarter. Geneos Wealth Management Inc. lifted its stake 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 purchasing an additional 533 shares during the last quarter. Finally, Nations Financial Group Inc. IA ADV boosted its position in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 6.5% during the first quarter. Nations Financial Group Inc. IA ADV now owns 8,778 shares of the exchange traded fund’s stock valued at $400,000 after buying an additional 535 shares during the period.

First Trust Emerging Markets Small Cap AlphaDEX Fund Price Performance

Shares of First Trust Emerging Markets Small Cap AlphaDEX Fund stock traded down $0.10 on Friday, reaching $45.66. The company had a trading volume of 23,163 shares, compared to its average volume of 30,748. The firm has a market cap of $253.39 million, a price-to-earnings ratio of 8.10 and a beta of 0.50. The firm’s 50-day moving average price is $45.31 and its two-hundred day moving average price is $46.09. First Trust Emerging Markets Small Cap AlphaDEX Fund has a 1 year low of $40.94 and a 1 year high of $49.49.

First Trust Emerging Markets Small Cap AlphaDEX Fund Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were paid a dividend of $0.445 per share. The ex-dividend date of this dividend was Thursday, June 25th. This is a positive change from First Trust Emerging Markets Small Cap AlphaDEX Fund’s previous quarterly dividend of $0.30. This represents a $1.78 annualized dividend and a yield of 3.9%.

First Trust Emerging Markets Small Cap AlphaDEX Fund Company Profile

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.