First Trust Emerging Markets AlphaDEX Fund (NASDAQ:FEM) Short Interest Down 84.4% in December

First Trust Emerging Markets AlphaDEX Fund (NASDAQ:FEM) was the recipient of a significant decrease in short interest in the month of December. As of December 31st, there was short interest totalling 2,900 shares, a decrease of 84.4% from the December 15th total of 18,600 shares. Based on an average trading volume of 72,900 shares, the days-to-cover ratio is currently 0.0 days.

Hedge Funds Weigh In On First Trust Emerging Markets AlphaDEX Fund

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. International Assets Investment Management LLC raised its stake in First Trust Emerging Markets AlphaDEX Fund by 19,213.2% during the third quarter. International Assets Investment Management LLC now owns 828,343 shares of the company’s stock worth $198,470,000 after acquiring an additional 824,054 shares in the last quarter. Sanctuary Advisors LLC acquired a new stake in shares of First Trust Emerging Markets AlphaDEX Fund during the second quarter worth $9,833,000. Jane Street Group LLC raised its position in shares of First Trust Emerging Markets AlphaDEX Fund by 63.7% in the 3rd quarter. Jane Street Group LLC now owns 102,608 shares of the company’s stock valued at $2,458,000 after acquiring an additional 39,918 shares during the period. Integrated Wealth Concepts LLC increased its position in shares of First Trust Emerging Markets AlphaDEX Fund by 57.7% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 82,295 shares of the company’s stock valued at $1,972,000 after buying an additional 30,105 shares in the last quarter. Finally, Benjamin Edwards Inc. lifted its holdings in shares of First Trust Emerging Markets AlphaDEX Fund by 413.0% during the 3rd quarter. Benjamin Edwards Inc. now owns 35,859 shares of the company’s stock valued at $859,000 after purchasing an additional 28,869 shares in the last quarter.

First Trust Emerging Markets AlphaDEX Fund Stock Down 0.2 %

First Trust Emerging Markets AlphaDEX Fund stock traded down $0.04 during midday trading on Monday, hitting $21.28. The company’s stock had a trading volume of 82,167 shares, compared to its average volume of 144,152. First Trust Emerging Markets AlphaDEX Fund has a 12 month low of $21.07 and a 12 month high of $25.38. The stock’s 50-day moving average price is $22.46 and its 200-day moving average price is $23.02. The company has a market capitalization of $373.46 million, a PE ratio of 5.06 and a beta of 0.85.

First Trust Emerging Markets AlphaDEX Fund Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were paid a dividend of $0.1449 per share. The ex-dividend date was Friday, December 13th.

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.