First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS) Short Interest Down 34.9% in February

Key Points

• Short interest fell 34.9% in February to 5,762 shares (about 0.1% of shares outstanding) with a days-to-cover ratio of 0.3, down from 8,849 shares on Feb. 12.
• FEMS traded down about 0.5% to $44.63 on the latest session with volume ~29,784 (vs. average ~22,440), a 52-week range of $32.31–$48.26, market cap ~$252.2M and a P/E of 8.10.
• The fund is the First Trust Emerging Markets Small Cap AlphaDEX Fund (FEMS), an ETF launched in 2012 that selects small-cap emerging-market stocks using the NASDAQ AlphaDEX methodology and is managed by First Trust.

First Trust Emerging Markets Small Cap AlphaDEX Fund (NASDAQ:FEMS - ) saw a significant decline in short interest in the month of February. As of February 27th, there was short interest totaling 5,762 shares, a decline of 34.9% from the February 12th total of 8,849 shares. Based on an average trading volume of 22,918 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.1% of the shares of the company are short sold. Approximately 0.1% of the shares of the company are short sold. Based on an average trading volume of 22,918 shares, the days-to-cover ratio is currently 0.3 days.

First Trust Emerging Markets Small Cap AlphaDEX Fund Stock Down 0.5%

Shares of FEMS stock traded down $0.24 during mid-day trading on Friday, hitting $44.63. 29,784 shares of the stock were exchanged, compared to its average volume of 22,440. First Trust Emerging Markets Small Cap AlphaDEX Fund has a 52-week low of $32.31 and a 52-week high of $48.26. The company has a market cap of $252.16 million, a PE ratio of 8.10 and a beta of 0.63. The firm has a fifty day moving average of $45.63 and a 200 day moving average of $43.85.

Institutional Trading of First Trust Emerging Markets Small Cap AlphaDEX Fund

A number of institutional investors have recently made changes to their positions in the company. CWM LLC grew its stake in First Trust Emerging Markets Small Cap AlphaDEX Fund by 1.5% during the 4th quarter. CWM LLC now owns 20,068 shares of the exchange traded fund's stock valued at $845,000 after acquiring an additional 304 shares in the last quarter. Merit Financial Group LLC boosted its holdings in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 6.7% during the 4th quarter. Merit Financial Group LLC now owns 5,248 shares of the exchange traded fund's stock worth $221,000 after purchasing an additional 330 shares during the last quarter. Integrated Wealth Concepts LLC boosted its holdings in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 0.4% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 119,447 shares of the exchange traded fund's stock worth $5,277,000 after purchasing an additional 492 shares during the last quarter. Geneos Wealth Management Inc. grew its position in shares of 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 valued at $43,000 after purchasing an additional 533 shares in the last quarter. Finally, 626 Financial LLC increased its holdings in shares of First Trust Emerging Markets Small Cap AlphaDEX Fund by 0.4% in the third quarter. 626 Financial LLC now owns 160,156 shares of the exchange traded fund's stock valued at $7,076,000 after purchasing an additional 664 shares during 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.

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