First Trust Emerging Markets AlphaDEX Fund (NASDAQ:FEM) Stock Short Interest Report for September

First Trust Emerging Markets AlphaDEX Fund (NASDAQ:FEM – Get Free Report) was the recipient of a large drop in short interest in September. As of September 30th, there was short interest totaling 13,828 shares, a drop of 78.0% from the September 15th total of 62,848 shares. Based on an average daily trading volume, of 114,850 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the shares of the stock are sold short.

First Trust Emerging Markets AlphaDEX Fund Stock Down 0.1%

Shares of NASDAQ FEM traded down $0.03 during trading on Monday, hitting $33.13. The company had a trading volume of 49,821 shares, compared to its average volume of 125,626. The firm has a market capitalization of $815.00 million, a price-to-earnings ratio of 9.20 and a beta of 0.62. First Trust Emerging Markets AlphaDEX Fund has a fifty-two week low of $25.93 and a fifty-two week high of $35.61. The stock has a fifty day simple moving average of $32.81 and a two-hundred day simple moving average of $32.21.

First Trust Emerging Markets AlphaDEX Fund Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Thursday, September 24th were paid a $0.2849 dividend. This is a boost from First Trust Emerging Markets AlphaDEX Fund’s previous quarterly dividend of $0.1899. This represents a $1.14 dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date of this dividend was Thursday, September 24th.

Institutional Investors Weigh In On First Trust Emerging Markets AlphaDEX Fund

A number of large investors have recently made changes to their positions in the stock. Private Client Services LLC purchased a new stake in First Trust Emerging Markets AlphaDEX Fund in the 3rd quarter valued at $223,000. Envestnet Portfolio Solutions Inc. lifted its holdings in shares of First Trust Emerging Markets AlphaDEX Fund by 7.5% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 17,854 shares of the company’s stock worth $571,000 after acquiring an additional 1,240 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in First Trust Emerging Markets AlphaDEX Fund by 3.1% during the second quarter. Envestnet Asset Management Inc. now owns 875,590 shares of the company’s stock worth $28,010,000 after purchasing an additional 26,228 shares in the last quarter. Integrated Wealth Concepts LLC boosted its holdings in First Trust Emerging Markets AlphaDEX Fund by 141.8% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 58,953 shares of the company’s stock valued at $1,886,000 after acquiring an additional 34,577 shares during the period. Finally, NewEdge Advisors LLC boosted its stake in shares of First Trust Emerging Markets AlphaDEX Fund by 4,381.1% in the second quarter. NewEdge Advisors LLC now owns 18,731 shares of the company’s stock valued at $599,000 after purchasing an additional 18,313 shares during the period.

About First Trust Emerging Markets AlphaDEX Fund

(Get Free Report)

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.

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