Short Interest in First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) Declines By 51.8%

First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) saw a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 12,365 shares, a decline of 51.8% from the August 15th total of 25,656 shares. Based on an average trading volume of 19,094 shares, the short-interest ratio is currently 0.6 days. Approximately 0.1% of the company’s shares are short sold.

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

Large investors have recently added to or reduced their stakes in the company. Silver Oak Securities Incorporated grew its stake in shares of First Trust Industrials/Producer Durables AlphaDEX Fund by 2.8% in the first quarter. Silver Oak Securities Incorporated now owns 4,888 shares of the company’s stock worth $399,000 after purchasing an additional 133 shares during the last quarter. Cornerstone Wealth Management LLC raised its position in First Trust Industrials/Producer Durables AlphaDEX Fund by 6.6% during the 4th 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 last quarter. WealthBridge Capital Management LLC increased its stake in shares of First Trust Industrials/Producer Durables AlphaDEX Fund by 7.8% during the first quarter. WealthBridge Capital Management LLC now owns 5,094 shares of the company’s stock valued at $416,000 after buying an additional 370 shares during the period. Geneos Wealth Management Inc. increased its stake in shares of First Trust Industrials/Producer Durables AlphaDEX Fund by 18.4% during the first quarter. Geneos Wealth Management Inc. now owns 3,237 shares of the company’s stock valued at $264,000 after buying an additional 503 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. raised its holdings in First Trust Industrials/Producer Durables AlphaDEX Fund by 13.4% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 5,315 shares of the company’s stock worth $484,000 after purchasing an additional 627 shares in the last quarter.

First Trust Industrials/Producer Durables AlphaDEX Fund Stock Performance

FXR traded down $0.48 on Tuesday, hitting $83.80. 50,031 shares of the company were exchanged, compared to its average volume of 49,913. The firm has a fifty day simple moving average of $88.65 and a two-hundred day simple moving average of $87.04. The stock has a market capitalization of $699.73 million, a PE ratio of 17.44 and a beta of 1.07. First Trust Industrials/Producer Durables AlphaDEX Fund has a 12 month low of $73.08 and a 12 month high of $92.78.

First Trust Industrials/Producer Durables AlphaDEX Fund Company Profile

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.