I thought to myself a few months ago that maybe Red Dwarfs would be a good place to search for intelligent life. One idea would be that they were transplants from another star system whose sun had started on it way off the HR scale and wanted someplace more stable; and Red Dwarfs are very stable after the first billion years (also life could form there after that time)and that Red Dwarfs lasts trillions of years. Anyways I did a few searches and found that SETI is just now considering them.

M Dwarfs: The Search for Life is On

Coronal mass ejection (CME) activity of low mass M stars