First Trust Consumer Staples AlphaDEX Fund (NYSEARCA:FXG) Short Interest Up 512.6% in January

First Trust Consumer Staples AlphaDEX Fund (NYSEARCA:FXG) was the target of a large increase in short interest during the month of January. As of January 15th, there was short interest totaling 14,868 shares, an increase of 512.6% from the December 31st total of 2,427 shares. Based on an average daily trading volume, of 30,670 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.4% of the company’s stock are short sold. Currently, 0.4% of the company’s stock are short sold. Based on an average daily trading volume, of 30,670 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Milestones Private Investment Advisors LLC raised its stake in shares of First Trust Consumer Staples AlphaDEX Fund by 13.6% during the 4th quarter. Milestones Private Investment Advisors LLC now owns 56,639 shares of the company’s stock worth $3,437,000 after purchasing an additional 6,787 shares in the last quarter. Sound Income Strategies LLC bought a new stake in First Trust Consumer Staples AlphaDEX Fund during the fourth quarter worth $215,000. Stratos Wealth Partners LTD. raised its position in First Trust Consumer Staples AlphaDEX Fund by 2.8% during the fourth quarter. Stratos Wealth Partners LTD. now owns 6,860 shares of the company’s stock worth $416,000 after acquiring an additional 190 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in First Trust Consumer Staples AlphaDEX Fund in the third quarter valued at $49,000. Finally, Flow Traders U.S. LLC bought a new position in shares of First Trust Consumer Staples AlphaDEX Fund in the 3rd quarter valued at about $301,000.

First Trust Consumer Staples AlphaDEX Fund Price Performance

Shares of FXG traded down $0.66 during mid-day trading on Wednesday, hitting $64.56. 23,891 shares of the company’s stock were exchanged, compared to its average volume of 25,788. The company has a market cap of $267.92 million, a PE ratio of 15.10 and a beta of 0.56. First Trust Consumer Staples AlphaDEX Fund has a 52 week low of $59.67 and a 52 week high of $66.68. The company has a 50-day simple moving average of $62.14 and a 200 day simple moving average of $62.89.

First Trust Consumer Staples AlphaDEX Fund Company Profile

First Trust Consumer Staples AlphaDEX Fund (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield of an equity index called the StrataQuant Consumer Staples Index (the Index). The Index is an enhanced index created and administered by the AMEX, which employs the AlphaDEX stock selection methodology to select stocks from the Russell 1000 Index. The AMEX constructs the Index by ranking the stocks, which are members of the Russell 1000 Index on growth factors, including 3, 6 and 12-month price appreciation, sales to price and one-year sales growth, and separately on value factors, including book value to price, cash flow to price and return on assets.