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 large increase in short interest during the month of February. As of February 13th, there was short interest totaling 8,849 shares, an increase of 19.9% from the January 29th total of 7,383 shares. Based on an average trading volume of 22,491 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.2% of the shares of the stock are short sold. Currently, 0.2% of the shares of the stock are short sold. Based on an average trading volume of 22,491 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Geneos Wealth Management Inc. increased its stake in First Trust Emerging Markets Small Cap AlphaDEX Fund by 100.0% during 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 last quarter. Kestra Advisory Services LLC bought a new position in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund during the 4th quarter valued at approximately $68,000. Sankala Group LLC bought a new position in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund during the 4th quarter valued at approximately $93,000. Stonehaven Wealth & Tax Solutions LLC purchased a new stake in First Trust Emerging Markets Small Cap AlphaDEX Fund during the 4th quarter valued at $206,000. Finally, Indivisible Partners bought a new stake in First Trust Emerging Markets Small Cap AlphaDEX Fund in the fourth quarter worth $220,000.

First Trust Emerging Markets Small Cap AlphaDEX Fund Trading Down 2.0%

Shares of FEMS stock traded down $0.92 on Thursday, reaching $44.77. The company’s stock had a trading volume of 19,024 shares, compared to its average volume of 20,780. The stock’s fifty day simple moving average is $45.24 and its 200-day simple moving average is $43.77. First Trust Emerging Markets Small Cap AlphaDEX Fund has a 1 year low of $32.31 and a 1 year high of $48.26. The company has a market capitalization of $252.95 million, a price-to-earnings ratio of 8.10 and a beta of 0.63.

First Trust Emerging Markets Small Cap AlphaDEX Fund Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Friday, December 12th were issued a $0.6494 dividend. This is a boost from First Trust Emerging Markets Small Cap AlphaDEX Fund’s previous quarterly dividend of $0.53. The ex-dividend date was Friday, December 12th. This represents a $2.60 dividend on an annualized basis and a dividend yield of 5.8%.

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.