First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX) Short Interest Down 40.0% in March

First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX - Get Free Report) was the target of a large drop in short interest in March. As of March 15th, there was short interest totalling 600 shares, a drop of 40.0% from the February 28th total of 1,000 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 26,300 shares, the short-interest ratio is currently 0.0 days.

First Trust Small Cap Core AlphaDEX Fund Price Performance

Shares of NASDAQ FYX traded up $1.25 during mid-day trading on Wednesday, hitting $91.95. 27,439 shares of the company's stock traded hands, compared to its average volume of 25,957. The company has a market capitalization of $868.93 million, a P/E ratio of 14.28 and a beta of 1.27. First Trust Small Cap Core AlphaDEX Fund has a 1 year low of $86.07 and a 1 year high of $111.87. The company's 50-day moving average is $96.94 and its two-hundred day moving average is $100.54.

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

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Synergy Investment Management LLC bought a new position in First Trust Small Cap Core AlphaDEX Fund during the fourth quarter valued at $54,000. Mpwm Advisory Solutions LLC purchased a new stake in First Trust Small Cap Core AlphaDEX Fund in the 4th quarter worth about $58,000. Wilmington Savings Fund Society FSB bought a new stake in First Trust Small Cap Core AlphaDEX Fund in the third quarter worth about $85,000. FMR LLC grew its stake in shares of First Trust Small Cap Core AlphaDEX Fund by 111.4% during the third quarter. FMR LLC now owns 892 shares of the company's stock valued at $89,000 after buying an additional 470 shares during the last quarter. Finally, Capital A Wealth Management LLC purchased a new stake in shares of First Trust Small Cap Core AlphaDEX Fund in the fourth quarter worth approximately $109,000.

About First Trust Small Cap Core AlphaDEX Fund

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.