First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) Sees Significant Increase in Short Interest

First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) saw a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 34,500 shares, an increase of 6,800.0% from the February 28th total of 500 shares. Based on an average trading volume of 45,700 shares, the short-interest ratio is currently 0.8 days. Currently, 0.5% of the shares of the company are short sold.

Institutional Investors Weigh In On First Trust Emerging Markets Small Cap AlphaDEX Fund

A number of large investors have recently added to or reduced their stakes in the business. Blue Trust Inc. raised its position in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 1,237.6% in the fourth quarter. Blue Trust Inc. now owns 1,137 shares of the exchange traded fund’s stock valued at $43,000 after purchasing an additional 1,052 shares during the period. Two Sigma Securities LLC acquired a new stake in First Trust Emerging Markets Small Cap AlphaDEX Fund during the fourth quarter worth approximately $215,000. Richmond Investment Services LLC bought a new stake in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund during the fourth quarter worth approximately $225,000. Stonehaven Wealth & Tax Solutions LLC bought a new stake in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund during the fourth quarter worth approximately $388,000. Finally, Nations Financial Group Inc. IA ADV grew its position in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 4.1% in the fourth quarter. Nations Financial Group Inc. IA ADV now owns 10,297 shares of the exchange traded fund’s stock valued at $389,000 after purchasing an additional 405 shares during the last quarter.

First Trust Emerging Markets Small Cap AlphaDEX Fund Stock Down 0.2 %

Shares of FEMS stock traded down $0.07 on Wednesday, reaching $37.79. The stock had a trading volume of 13,660 shares, compared to its average volume of 34,108. First Trust Emerging Markets Small Cap AlphaDEX Fund has a 12 month low of $35.97 and a 12 month high of $42.57. The firm has a market capitalization of $281.54 million, a price-to-earnings ratio of 5.95 and a beta of 0.92. The firm’s 50-day moving average is $37.81 and its two-hundred day moving average is $38.58.

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.