First Trust Mid Cap Growth AlphaDEX Fund (NASDAQ:FNY) Short Interest Update

First Trust Mid Cap Growth AlphaDEX Fund (NASDAQ:FNY - Get Free Report) was the target of a large growth in short interest during the month of January. As of January 31st, there was short interest totalling 50,600 shares, a growth of 5.4% from the January 15th total of 48,000 shares. Based on an average daily trading volume, of 21,200 shares, the days-to-cover ratio is presently 2.4 days.

Institutional Trading of First Trust Mid Cap Growth AlphaDEX Fund

Institutional investors have recently modified their holdings of the stock. New Wave Wealth Advisors LLC purchased a new stake in shares of First Trust Mid Cap Growth AlphaDEX Fund during the 4th quarter worth approximately $682,000. Synergy Asset Management LLC acquired a new position in shares of First Trust Mid Cap Growth AlphaDEX Fund in the 4th quarter valued at $60,000. Gateway Wealth Partners LLC increased its holdings in shares of First Trust Mid Cap Growth AlphaDEX Fund by 6.2% in the 4th quarter. Gateway Wealth Partners LLC now owns 3,561 shares of the company's stock valued at $285,000 after acquiring an additional 209 shares during the period. PCG Wealth Advisors LLC increased its holdings in shares of First Trust Mid Cap Growth AlphaDEX Fund by 6.8% in the 4th quarter. PCG Wealth Advisors LLC now owns 22,311 shares of the company's stock valued at $1,785,000 after acquiring an additional 1,428 shares during the period. Finally, Wealth Management Partners LLC increased its holdings in shares of First Trust Mid Cap Growth AlphaDEX Fund by 0.6% in the 4th quarter. Wealth Management Partners LLC now owns 35,924 shares of the company's stock valued at $2,874,000 after acquiring an additional 207 shares during the period.

First Trust Mid Cap Growth AlphaDEX Fund Price Performance

Shares of NASDAQ:FNY traded down $3.31 during trading on Friday, hitting $80.90. 20,663 shares of the company were exchanged, compared to its average volume of 27,267. The stock has a market capitalization of $404.50 million, a P/E ratio of 17.61 and a beta of 1.13. First Trust Mid Cap Growth AlphaDEX Fund has a 12-month low of $69.31 and a 12-month high of $88.74. The firm's 50 day moving average price is $83.01 and its 200-day moving average price is $81.26.

First Trust Mid Cap Growth AlphaDEX Fund Dividend Announcement

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were given a dividend of $0.1415 per share. The ex-dividend date was Friday, December 13th.

First Trust Mid Cap Growth AlphaDEX Fund Company Profile

The First Trust Mid Cap Growth AlphaDEX Fund (FNY) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Mid Cap Growth index. The fund tracks a tiered equal-weighted index of mid-cap growth stocks selected by AlphaDex selection methodology from the S&P 400 Index. FNY was launched on Apr 18, 2011 and is managed by First Trust.