First Trust Emerging Markets AlphaDEX Fund (NASDAQ:FEM) Short Interest Down 44.4% in February

First Trust Emerging Markets AlphaDEX Fund (NASDAQ:FEM) was the target of a significant decrease in short interest during the month of February. As of February 15th, there was short interest totalling 1,000 shares, a decrease of 44.4% from the January 31st total of 1,800 shares. Based on an average daily trading volume, of 83,000 shares, the short-interest ratio is presently 0.0 days.

First Trust Emerging Markets AlphaDEX Fund Stock Performance

Shares of FEM opened at $22.33 on Friday. The company has a market capitalization of $388.54 million, a price-to-earnings ratio of 5.06 and a beta of 0.85. First Trust Emerging Markets AlphaDEX Fund has a fifty-two week low of $21.07 and a fifty-two week high of $25.38. The firm has a 50-day simple moving average of $22.26 and a 200-day simple moving average of $22.71.

First Trust Emerging Markets AlphaDEX Fund Dividend Announcement

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

Institutional Investors Weigh In On First Trust Emerging Markets AlphaDEX Fund

Several large investors have recently modified their holdings of the stock. TrueWealth Advisors LLC increased its stake in First Trust Emerging Markets AlphaDEX Fund by 42.3% in the 3rd quarter. TrueWealth Advisors LLC now owns 16,101 shares of the company’s stock valued at $386,000 after buying an additional 4,785 shares during the period. Assetmark Inc. increased its stake in shares of First Trust Emerging Markets AlphaDEX Fund by 17.7% during the third quarter. Assetmark Inc. now owns 156,119 shares of the company’s stock worth $3,741,000 after acquiring an additional 23,509 shares during the period. Atria Investments Inc raised its holdings in First Trust Emerging Markets AlphaDEX Fund by 11.2% during the third quarter. Atria Investments Inc now owns 60,981 shares of the company’s stock worth $1,461,000 after purchasing an additional 6,151 shares in the last quarter. Prospera Financial Services Inc lifted its position in First Trust Emerging Markets AlphaDEX Fund by 9.6% in the third quarter. Prospera Financial Services Inc now owns 63,409 shares of the company’s stock valued at $1,519,000 after purchasing an additional 5,543 shares during the period. Finally, Great Valley Advisor Group Inc. boosted its holdings in First Trust Emerging Markets AlphaDEX Fund by 9.0% in the 3rd quarter. Great Valley Advisor Group Inc. now owns 11,657 shares of the company’s stock valued at $279,000 after purchasing an additional 961 shares in the last quarter.

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.