First Trust Multi Cap Value AlphaDEX Fund (NASDAQ:FAB - Get Free Report) was the target of a significant growth in short interest during the month of February. As of February 28th, there was short interest totalling 600 shares, a growth of 20.0% from the February 13th total of 500 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 4,600 shares, the days-to-cover ratio is presently 0.1 days.
First Trust Multi Cap Value AlphaDEX Fund Trading Down 1.1 %
Shares of First Trust Multi Cap Value AlphaDEX Fund stock traded down $0.88 during trading on Friday, reaching $79.26. The company's stock had a trading volume of 1,268 shares, compared to its average volume of 4,603. The stock has a 50-day moving average price of $82.58 and a two-hundred day moving average price of $83.89. First Trust Multi Cap Value AlphaDEX Fund has a one year low of $77.03 and a one year high of $90.30. The stock has a market capitalization of $126.82 million, a P/E ratio of 12.96 and a beta of 1.22.
Institutional Trading of First Trust Multi Cap Value AlphaDEX Fund
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Stratos Wealth Partners LTD. grew its position in shares of First Trust Multi Cap Value AlphaDEX Fund by 3.1% during the 4th quarter. Stratos Wealth Partners LTD. now owns 5,539 shares of the company's stock worth $457,000 after buying an additional 164 shares during the period. PFG Investments LLC grew its position in shares of First Trust Multi Cap Value AlphaDEX Fund by 10.8% in the 4th quarter. PFG Investments LLC now owns 4,348 shares of the company's stock valued at $359,000 after purchasing an additional 424 shares during the period. Quad Cities Investment Group LLC grew its position in shares of First Trust Multi Cap Value AlphaDEX Fund by 5.6% in the 4th quarter. Quad Cities Investment Group LLC now owns 9,064 shares of the company's stock valued at $748,000 after purchasing an additional 481 shares during the period. Jones Financial Companies Lllp grew its position in shares of First Trust Multi Cap Value AlphaDEX Fund by 39.7% in the 4th quarter. Jones Financial Companies Lllp now owns 2,563 shares of the company's stock valued at $211,000 after purchasing an additional 728 shares during the period. Finally, Stifel Financial Corp grew its position in shares of First Trust Multi Cap Value AlphaDEX Fund by 3.2% in the 4th quarter. Stifel Financial Corp now owns 23,590 shares of the company's stock valued at $1,946,000 after purchasing an additional 730 shares during the period.
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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