First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX) Sees Significant Increase in Short Interest

First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX - Get Free Report) was the target of a significant increase in short interest in December. As of December 15th, there was short interest totalling 17,200 shares, an increase of 8.2% from the November 30th total of 15,900 shares. Based on an average trading volume of 19,400 shares, the short-interest ratio is presently 0.9 days.

First Trust Small Cap Core AlphaDEX Fund Stock Performance

Shares of FYX stock traded up $0.21 on Wednesday, reaching $101.06. 29,179 shares of the company's stock traded hands, compared to its average volume of 24,193. The company has a market capitalization of $929.75 million, a P/E ratio of 11.51 and a beta of 1.27. First Trust Small Cap Core AlphaDEX Fund has a 12-month low of $85.19 and a 12-month high of $111.87. The business's 50 day moving average price is $104.81 and its two-hundred day moving average price is $98.89.

First Trust Small Cap Core AlphaDEX Fund Dividend Announcement

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were given a $0.6219 dividend. The ex-dividend date was Friday, December 13th.

Hedge Funds Weigh In On First Trust Small Cap Core AlphaDEX Fund

Several institutional investors and hedge funds have recently modified their holdings of FYX. International Assets Investment Management LLC bought a new stake in shares of First Trust Small Cap Core AlphaDEX Fund in the 2nd quarter valued at approximately $39,000. Wilmington Savings Fund Society FSB acquired a new stake in First Trust Small Cap Core AlphaDEX Fund in the third quarter valued at approximately $85,000. FMR LLC grew its position in First Trust Small Cap Core AlphaDEX Fund by 111.4% in the third quarter. FMR LLC now owns 892 shares of the company's stock worth $89,000 after acquiring an additional 470 shares in the last quarter. Signature Estate & Investment Advisors LLC acquired a new position in shares of First Trust Small Cap Core AlphaDEX Fund during the 3rd quarter worth $203,000. Finally, J.W. Cole Advisors Inc. bought a new position in shares of First Trust Small Cap Core AlphaDEX Fund during the 3rd quarter valued at $206,000.

First Trust Small Cap Core AlphaDEX Fund Company Profile

The First Trust Small Cap Core AlphaDEX Fund (FYX) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Small Cap Core index. The fund tracks an index of small-cap stocks selected based on quantitatively driven growth and value factors. FYX was launched on May 8, 2007 and is managed by First Trust.

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