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 drop in short interest in the month of December. As of December 15th, there was short interest totaling 923 shares, a drop of 75.5% from the November 30th total of 3,771 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 11,264 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 11,264 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

Institutional Trading of First Trust Emerging Markets Small Cap AlphaDEX Fund

Several institutional investors have recently added to or reduced their stakes in FEMS. Archer Investment Corp boosted its position in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 2.5% during the third quarter. Archer Investment Corp now owns 68,824 shares of the exchange traded fund’s stock worth $3,041,000 after buying an additional 1,653 shares during the period. World Equity Group Inc. raised its stake in First Trust Emerging Markets Small Cap AlphaDEX Fund by 4.6% during the 3rd quarter. World Equity Group Inc. now owns 25,778 shares of the exchange traded fund’s stock valued at $1,139,000 after acquiring an additional 1,144 shares in the last quarter. Osaic Holdings Inc. grew its stake in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 3.2% in the second quarter. Osaic Holdings Inc. now owns 59,993 shares of the exchange traded fund’s stock worth $2,436,000 after purchasing an additional 1,885 shares in the last quarter. HBW Advisory Services LLC increased its holdings in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 25.7% during the third quarter. HBW Advisory Services LLC now owns 43,888 shares of the exchange traded fund’s stock valued at $1,939,000 after purchasing an additional 8,961 shares during the period. Finally, Richmond Investment Services LLC raised its stake in shares of 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.

First Trust Emerging Markets Small Cap AlphaDEX Fund Stock Performance

Shares of FEMS stock traded down $0.23 on Thursday, hitting $42.07. The stock had a trading volume of 3,881 shares, compared to its average volume of 29,362. First Trust Emerging Markets Small Cap AlphaDEX Fund has a 52-week low of $32.31 and a 52-week high of $45.10. The firm has a market capitalization of $260.80 million, a price-to-earnings ratio of 8.10 and a beta of 0.63. The stock’s 50 day moving average is $42.33 and its 200-day moving average is $42.34.

First Trust Emerging Markets Small Cap AlphaDEX Fund Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Friday, December 12th will be given a dividend of $0.6494 per share. The ex-dividend date of this dividend is Friday, December 12th. This represents a $2.60 annualized dividend and a dividend yield of 6.2%. This is an increase from First Trust Emerging Markets Small Cap AlphaDEX Fund’s previous quarterly dividend of $0.53.

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.