Short Interest in First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) Rises By 217.5%

First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) was the recipient of a significant increase in short interest in June. As of June 30th, there was short interest totaling 5,835 shares, an increase of 217.5% from the June 15th total of 1,838 shares. Based on an average daily volume of 29,462 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the company’s stock are short sold.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in FEMS. Fifth Third Bancorp purchased a new stake in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund during the 1st quarter worth $41,000. Geneos Wealth Management Inc. raised its holdings in First Trust Emerging Markets Small Cap AlphaDEX Fund by 100.0% in the second quarter. Geneos Wealth Management Inc. now owns 1,066 shares of the exchange traded fund’s stock worth $43,000 after purchasing an additional 533 shares in the last quarter. Kestra Advisory Services LLC bought a new position in First Trust Emerging Markets Small Cap AlphaDEX Fund in the fourth quarter worth about $68,000. Sankala Group LLC bought a new position in First Trust Emerging Markets Small Cap AlphaDEX Fund in the fourth quarter worth about $93,000. Finally, Stonehaven Wealth & Tax Solutions LLC purchased a new stake in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund during the fourth quarter valued at about $206,000.

First Trust Emerging Markets Small Cap AlphaDEX Fund Stock Up 0.7%

FEMS stock traded up $0.30 during trading on Tuesday, hitting $45.52. 15,336 shares of the company’s stock traded hands, compared to its average volume of 30,240. The firm has a market capitalization of $252.65 million, a P/E ratio of 8.10 and a beta of 0.49. First Trust Emerging Markets Small Cap AlphaDEX Fund has a 1 year low of $39.91 and a 1 year high of $49.49. The business has a fifty day simple moving average of $46.50 and a two-hundred day simple moving average of $45.92.

First Trust Emerging Markets Small Cap AlphaDEX Fund Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were given a dividend of $0.445 per share. This is a boost from First Trust Emerging Markets Small Cap AlphaDEX Fund’s previous quarterly dividend of $0.30. The ex-dividend date of this dividend was Thursday, June 25th. This represents a $1.78 annualized dividend and a yield of 3.9%.

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.