First Trust Small Cap Growth AlphaDEX Fund (NASDAQ:FYC) Short Interest Down 61.4% in July

First Trust Small Cap Growth AlphaDEX Fund (NASDAQ:FYC) was the recipient of a significant drop in short interest in July. As of July 31st, there was short interest totaling 13,987 shares, a drop of 61.4% from the July 15th total of 36,281 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 88,875 shares, the short-interest ratio is currently 0.2 days.

Institutional Trading of First Trust Small Cap Growth AlphaDEX Fund

Several institutional investors have recently added to or reduced their stakes in the stock. Mutual Advisors LLC purchased a new stake in First Trust Small Cap Growth AlphaDEX Fund during the fourth quarter worth about $331,000. Oppenheimer & Co. Inc. lifted its position in shares of First Trust Small Cap Growth AlphaDEX Fund by 2.2% during the 4th quarter. Oppenheimer & Co. Inc. now owns 10,379 shares of the company’s stock worth $998,000 after buying an additional 228 shares during the last quarter. Barnes Pettey Financial Advisors LLC acquired a new position in First Trust Small Cap Growth AlphaDEX Fund in the fourth quarter valued at $319,000. Ashton Thomas Private Wealth LLC grew its position in First Trust Small Cap Growth AlphaDEX Fund by 8.9% during the 4th quarter. Ashton Thomas Private Wealth LLC now owns 3,897 shares of the company’s stock worth $375,000 after purchasing an additional 317 shares during the last quarter. Finally, Concurrent Investment Advisors LLC grew its holdings in shares of First Trust Small Cap Growth AlphaDEX Fund by 0.7% during the fourth quarter. Concurrent Investment Advisors LLC now owns 99,281 shares of the company’s stock worth $9,543,000 after buying an additional 643 shares during the last quarter.

First Trust Small Cap Growth AlphaDEX Fund Stock Performance

NASDAQ:FYC opened at $123.51 on Friday. First Trust Small Cap Growth AlphaDEX Fund has a one year low of $81.94 and a one year high of $127.57. The stock has a market cap of $1.33 billion, a PE ratio of 20.27 and a beta of 1.17. The stock has a 50 day moving average price of $120.73 and a 200 day moving average price of $110.26.

First Trust Small Cap Growth AlphaDEX Fund Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were given a dividend of $0.1297 per share. This represents a $0.52 annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend was Thursday, June 25th.

First Trust Small Cap Growth AlphaDEX Fund Company Profile

The First Trust Small Cap Growth AlphaDEX Fund (FYC) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Small Cap Growth index. The fund tracks a quant-driven index that select stocks from a small-cap growth universe in an attempt to outperform the market. FYC was launched on Apr 18, 2011 and is managed by First Trust.