First Trust Multi Cap Value AlphaDEX Fund (NASDAQ:FAB) Short Interest Update

First Trust Multi Cap Value AlphaDEX Fund (NASDAQ:FAB) saw a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 1,700 shares, an increase of 466.7% from the December 15th total of 300 shares. Based on an average daily trading volume, of 3,400 shares, the short-interest ratio is presently 0.5 days.

Hedge Funds Weigh In On First Trust Multi Cap Value AlphaDEX Fund

Hedge funds have recently made changes to their positions in the business. International Assets Investment Management LLC increased its stake in First Trust Multi Cap Value AlphaDEX Fund by 8,348.9% in the 3rd quarter. International Assets Investment Management LLC now owns 66,493 shares of the company’s stock worth $5,618,000 after purchasing an additional 65,706 shares in the last quarter. Proactive Wealth Strategies LLC purchased a new position in shares of First Trust Multi Cap Value AlphaDEX Fund in the third quarter worth approximately $669,000. Virtu Financial LLC raised its holdings in shares of First Trust Multi Cap Value AlphaDEX Fund by 218.9% during the third quarter. Virtu Financial LLC now owns 8,454 shares of the company’s stock valued at $714,000 after acquiring an additional 5,803 shares during the period. Finally, Commonwealth Equity Services LLC lifted its holdings in shares of First Trust Multi Cap Value AlphaDEX Fund by 0.9% in the second quarter. Commonwealth Equity Services LLC now owns 19,908 shares of the company’s stock valued at $1,568,000 after purchasing an additional 171 shares in the last quarter.

First Trust Multi Cap Value AlphaDEX Fund Price Performance

Shares of First Trust Multi Cap Value AlphaDEX Fund stock traded up $1.05 on Monday, hitting $82.32. The company had a trading volume of 595 shares, compared to its average volume of 5,371. First Trust Multi Cap Value AlphaDEX Fund has a 52 week low of $74.49 and a 52 week high of $90.30. The company has a market cap of $131.71 million, a PE ratio of 11.93 and a beta of 1.22. The business has a 50-day simple moving average of $85.49 and a 200-day simple moving average of $83.54.

First Trust Multi Cap Value AlphaDEX Fund Announces Dividend

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were given a $0.577 dividend. The ex-dividend date of this dividend was Friday, December 13th.

First Trust Multi Cap Value AlphaDEX Fund Company Profile

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.