First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) Short Interest Down 75.4% in June

First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) saw a significant decrease in short interest during the month of June. As of June 15th, there was short interest totaling 4,444 shares, a decrease of 75.4% from the May 31st total of 18,054 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 19,828 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Investors Weigh In On First Trust Industrials/Producer Durables AlphaDEX Fund

A number of hedge funds have recently added to or reduced their stakes in FXR. Silver Oak Securities Incorporated grew its position in shares of First Trust Industrials/Producer Durables AlphaDEX Fund by 2.8% during the first quarter. Silver Oak Securities Incorporated now owns 4,888 shares of the company’s stock worth $399,000 after acquiring an additional 133 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in First Trust Industrials/Producer Durables AlphaDEX Fund by 15.3% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,002 shares of the company’s stock valued at $74,000 after purchasing an additional 133 shares during the period. Prosperity Consulting Group LLC grew its position in First Trust Industrials/Producer Durables AlphaDEX Fund by 1.1% in the 3rd quarter. Prosperity Consulting Group LLC now owns 15,887 shares of the company’s stock worth $1,240,000 after purchasing an additional 168 shares during the last quarter. Transamerica Financial Advisors LLC grew its position in First Trust Industrials/Producer Durables AlphaDEX Fund by 1.0% in the 2nd quarter. Transamerica Financial Advisors LLC now owns 30,926 shares of the company’s stock worth $2,295,000 after purchasing an additional 311 shares during the last quarter. Finally, Cornerstone Wealth Management LLC increased its stake in shares of First Trust Industrials/Producer Durables AlphaDEX Fund by 6.6% in the fourth quarter. Cornerstone Wealth Management LLC now owns 5,108 shares of the company’s stock valued at $408,000 after purchasing an additional 317 shares during the period.

First Trust Industrials/Producer Durables AlphaDEX Fund Trading Down 0.2%

Shares of First Trust Industrials/Producer Durables AlphaDEX Fund stock opened at $89.99 on Friday. The stock has a market capitalization of $719.92 million, a price-to-earnings ratio of 17.44 and a beta of 1.08. First Trust Industrials/Producer Durables AlphaDEX Fund has a twelve month low of $73.08 and a twelve month high of $92.78. The business’s 50 day simple moving average is $87.02 and its 200-day simple moving average is $85.60.

About First Trust Industrials/Producer Durables AlphaDEX Fund

First Trust Industrials/Producer Durables 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 Industrials 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.