First Trust Multi Cap Value AlphaDEX Fund (NASDAQ:FAB - Get Free Report) was the target of a large decrease in short interest during the month of January. As of January 15th, there was short interest totalling 1,000 shares, a decrease of 41.2% from the December 31st total of 1,700 shares. Based on an average trading volume of 3,200 shares, the short-interest ratio is currently 0.3 days.
First Trust Multi Cap Value AlphaDEX Fund Trading Up 0.3 %
FAB traded up $0.27 during trading on Wednesday, hitting $84.19. The stock had a trading volume of 2,615 shares, compared to its average volume of 3,062. First Trust Multi Cap Value AlphaDEX Fund has a 12 month low of $74.99 and a 12 month high of $90.30. The company has a 50 day simple moving average of $84.56 and a 200-day simple moving average of $84.11. The firm has a market cap of $134.70 million, a PE ratio of 11.93 and a beta of 1.22.
First Trust Multi Cap Value AlphaDEX Fund Announces Dividend
The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were issued a $0.577 dividend. The ex-dividend date of this dividend was Friday, December 13th.
Institutional Inflows and Outflows
Several institutional investors have recently added to or reduced their stakes in the business. Golden State Wealth Management LLC acquired a new stake in shares of First Trust Multi Cap Value AlphaDEX Fund during the 4th quarter worth approximately $82,000. PFG Investments LLC boosted its stake in First Trust Multi Cap Value AlphaDEX Fund by 10.8% during the fourth quarter. PFG Investments LLC now owns 4,348 shares of the company's stock worth $359,000 after buying an additional 424 shares in the last quarter. Truist Financial Corp acquired a new stake in First Trust Multi Cap Value AlphaDEX Fund during the fourth quarter worth $392,000. Stratos Wealth Partners LTD. raised its stake in shares of First Trust Multi Cap Value AlphaDEX Fund by 3.1% in the 4th quarter. Stratos Wealth Partners LTD. now owns 5,539 shares of the company's stock valued at $457,000 after buying an additional 164 shares in the last quarter. Finally, Proactive Wealth Strategies LLC bought a new position in shares of First Trust Multi Cap Value AlphaDEX Fund during the 3rd quarter worth about $669,000.
About First Trust Multi Cap Value AlphaDEX Fund
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The First Trust Multi Cap Value AlphaDEX Fund (FAB) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Multi Cap Value index. The fund tracks an index that uses fundamental factors to select and weight value stocks from the Nasdaq US Select Indices. FAB was launched on May 8, 2007 and is managed by First Trust.
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