First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) Short Interest Up 126.8% in April

First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) was the target of a large increase in short interest in the month of April. As of April 15th, there was short interest totaling 6,730 shares, an increase of 126.8% from the March 31st total of 2,968 shares. Based on an average trading volume of 37,023 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the company’s shares are short sold.

First Trust Emerging Markets Small Cap AlphaDEX Fund Stock Performance

Shares of First Trust Emerging Markets Small Cap AlphaDEX Fund stock traded down $0.17 on Tuesday, reaching $46.84. The company had a trading volume of 2,021 shares, compared to its average volume of 26,485. The firm’s 50 day moving average price is $46.32 and its two-hundred day moving average price is $44.35. First Trust Emerging Markets Small Cap AlphaDEX Fund has a 52-week low of $36.42 and a 52-week high of $49.28. The firm has a market cap of $259.96 million, a PE ratio of 8.10 and a beta of 0.52.

First Trust Emerging Markets Small Cap AlphaDEX Fund Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th were given a $0.3033 dividend. This represents a $1.21 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend was Thursday, March 26th.

Hedge Funds Weigh In On First Trust Emerging Markets Small Cap AlphaDEX Fund

Institutional investors have recently modified their holdings of the business. Farther Finance Advisors LLC boosted its stake in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 1,714.3% in the 4th quarter. Farther Finance Advisors LLC now owns 5,334 shares of the exchange traded fund’s stock valued at $225,000 after buying an additional 5,040 shares during the period. Merit Financial Group LLC increased its stake in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 6.7% during the fourth quarter. Merit Financial Group LLC now owns 5,248 shares of the exchange traded fund’s stock worth $221,000 after buying an additional 330 shares during the period. CWM LLC increased its stake in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 1.5% during the fourth quarter. CWM LLC now owns 20,068 shares of the exchange traded fund’s stock worth $845,000 after buying an additional 304 shares during the period. Trivium Point Advisory LLC raised its holdings in First Trust Emerging Markets Small Cap AlphaDEX Fund by 1.7% in the fourth quarter. Trivium Point Advisory LLC now owns 63,476 shares of the exchange traded fund’s stock valued at $2,672,000 after acquiring an additional 1,063 shares in the last quarter. Finally, Stonehaven Wealth & Tax Solutions LLC acquired a new stake in First Trust Emerging Markets Small Cap AlphaDEX Fund in the fourth quarter valued at approximately $206,000.

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.