First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) Short Interest Down 34.9% in February

First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) was the target of a large decline in short interest in the month of February. As of February 27th, there was short interest totaling 5,762 shares, a decline of 34.9% from the February 12th total of 8,849 shares. Based on an average trading volume of 22,918 shares, the short-interest ratio is presently 0.3 days. Currently, 0.1% of the company’s shares are short sold. Currently, 0.1% of the company’s shares are short sold. Based on an average trading volume of 22,918 shares, the short-interest ratio is presently 0.3 days.

First Trust Emerging Markets Small Cap AlphaDEX Fund Price Performance

FEMS traded down $0.24 during trading hours on Friday, reaching $44.63. The company’s stock had a trading volume of 29,784 shares, compared to its average volume of 22,440. The stock has a market cap of $252.16 million, a PE ratio of 8.10 and a beta of 0.63. First Trust Emerging Markets Small Cap AlphaDEX Fund has a fifty-two week low of $32.31 and a fifty-two week high of $48.26. The business’s 50-day moving average is $45.63 and its 200-day moving average is $43.85.

Institutional Trading of First Trust Emerging Markets Small Cap AlphaDEX Fund

Hedge funds and other institutional investors have recently modified their holdings of the business. Geneos Wealth Management Inc. raised its holdings in First Trust Emerging Markets Small Cap AlphaDEX Fund by 100.0% in the 2nd quarter. Geneos Wealth Management Inc. now owns 1,066 shares of the exchange traded fund’s stock valued at $43,000 after buying an additional 533 shares during the period. Kestra Advisory Services LLC purchased a new position in First Trust Emerging Markets Small Cap AlphaDEX Fund during the fourth quarter worth about $68,000. Sankala Group LLC acquired a new stake in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund during the fourth quarter valued at about $93,000. Stonehaven Wealth & Tax Solutions LLC acquired a new stake in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund during the fourth quarter valued at about $206,000. Finally, Indivisible Partners purchased a new stake in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund in the 4th quarter valued at approximately $220,000.

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.