First Trust Multi Cap Value AlphaDEX Fund (NASDAQ:FAB - Get Free Report) saw a large growth in short interest in the month of January. As of January 15th, there was short interest totalling 1,700 shares, a growth of 466.7% from the December 31st total of 300 shares. Based on an average daily trading volume, of 3,400 shares, the short-interest ratio is presently 0.5 days.
Institutional Investors Weigh In On First Trust Multi Cap Value AlphaDEX Fund
Several hedge funds have recently modified their holdings of the business. Truist Financial Corp bought a new stake in First Trust Multi Cap Value AlphaDEX Fund during the fourth quarter valued at about $392,000. Stratos Wealth Partners LTD. boosted its holdings 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. Golden State Wealth Management LLC purchased a new position in shares of First Trust Multi Cap Value AlphaDEX Fund in the 4th quarter worth approximately $82,000. PFG Investments LLC raised its stake in shares of First Trust Multi Cap Value AlphaDEX Fund by 10.8% during the 4th quarter. PFG Investments LLC now owns 4,348 shares of the company's stock worth $359,000 after acquiring an additional 424 shares in the last quarter. Finally, Quad Cities Investment Group LLC lifted its position in First Trust Multi Cap Value AlphaDEX Fund by 5.6% during the fourth quarter. Quad Cities Investment Group LLC now owns 9,064 shares of the company's stock valued at $748,000 after acquiring an additional 481 shares during the last quarter.
First Trust Multi Cap Value AlphaDEX Fund Stock Down 1.3 %
NASDAQ:FAB traded down $1.08 during midday trading on Friday, hitting $84.27. The stock had a trading volume of 2,783 shares, compared to its average volume of 3,224. The stock has a 50-day moving average of $84.91 and a 200 day moving average of $84.10. The company has a market capitalization of $134.83 million, a price-to-earnings ratio of 11.93 and a beta of 1.22. First Trust Multi Cap Value AlphaDEX Fund has a one year low of $74.99 and a one year high of $90.30.
First Trust Multi Cap Value AlphaDEX Fund Dividend Announcement
The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were issued a dividend of $0.577 per share. The ex-dividend date of this dividend was Friday, December 13th.
About First Trust Multi Cap Value AlphaDEX Fund
(
Get Free Report)
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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