First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) Short Interest Down 92.1% in November

First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) saw a large decrease in short interest in November. As of November 30th, there was short interest totalling 700 shares, a decrease of 92.1% from the November 15th total of 8,900 shares. Based on an average daily volume of 36,500 shares, the days-to-cover ratio is currently 0.0 days.

First Trust Emerging Markets Small Cap AlphaDEX Fund Stock Performance

Shares of NASDAQ FEMS traded down $0.24 during mid-day trading on Friday, reaching $39.23. The company had a trading volume of 43,435 shares, compared to its average volume of 31,923. The firm has a market cap of $319.70 million, a price-to-earnings ratio of 5.02 and a beta of 0.92. The business’s 50-day simple moving average is $39.27 and its 200 day simple moving average is $39.93. First Trust Emerging Markets Small Cap AlphaDEX Fund has a one year low of $36.69 and a one year high of $42.57.

First Trust Emerging Markets Small Cap AlphaDEX Fund Dividend Announcement

The company also recently announced a dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th will be issued a $0.4454 dividend. The ex-dividend date is Friday, December 13th.

Institutional Trading of First Trust Emerging Markets Small Cap AlphaDEX Fund

Institutional investors and hedge funds have recently made changes to their positions in the company. Cornerstone Planning Group LLC lifted its stake in First Trust Emerging Markets Small Cap AlphaDEX Fund by 6.4% during the third quarter. Cornerstone Planning Group LLC now owns 269,734 shares of the exchange traded fund’s stock worth $10,544,000 after purchasing an additional 16,197 shares during the last quarter. Raymond James & Associates raised its holdings in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 2.1% during the 3rd quarter. Raymond James & Associates now owns 70,096 shares of the exchange traded fund’s stock worth $2,880,000 after buying an additional 1,465 shares in the last quarter. World Equity Group Inc. raised its holdings in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 2.5% during the 3rd quarter. World Equity Group Inc. now owns 18,703 shares of the exchange traded fund’s stock worth $768,000 after buying an additional 458 shares in the last quarter. AllGen Financial Advisors Inc. lifted its position in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 4.1% during the 3rd quarter. AllGen Financial Advisors Inc. now owns 66,104 shares of the exchange traded fund’s stock worth $2,716,000 after buying an additional 2,594 shares during the last quarter. Finally, Cedrus LLC boosted its stake in First Trust Emerging Markets Small Cap AlphaDEX Fund by 12.9% in the third quarter. Cedrus LLC now owns 61,574 shares of the exchange traded fund’s stock valued at $2,529,000 after buying an additional 7,059 shares in the last quarter.

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.