First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX) Short Interest Update

First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX) was the target of a significant increase in short interest in August. As of August 31st, there was short interest totaling 47,598 shares, an increase of 106.4% from the August 15th total of 23,065 shares. Approximately 0.5% of the company’s stock are short sold. Based on an average trading volume of 37,128 shares, the short-interest ratio is currently 1.3 days.

First Trust Small Cap Core AlphaDEX Fund Stock Performance

First Trust Small Cap Core AlphaDEX Fund stock traded down $0.14 during mid-day trading on Wednesday, reaching $139.26. The stock had a trading volume of 1,520 shares, compared to its average volume of 32,401. The firm has a market capitalization of $1.25 billion, a PE ratio of 13.79 and a beta of 1.05. First Trust Small Cap Core AlphaDEX Fund has a fifty-two week low of $103.42 and a fifty-two week high of $147.18. The stock’s 50-day simple moving average is $142.59 and its 200-day simple moving average is $134.30.

First Trust Small Cap Core AlphaDEX Fund Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were given a $0.4369 dividend. This represents a $1.75 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend was Thursday, June 25th. This is an increase from First Trust Small Cap Core AlphaDEX Fund’s previous quarterly dividend of $0.20.

Institutional Trading of First Trust Small Cap Core AlphaDEX Fund

A number of hedge funds and other institutional investors have recently bought and sold shares of FYX. NBT Bank N A NY increased its holdings in shares of First Trust Small Cap Core AlphaDEX Fund by 127.4% in the first quarter. NBT Bank N A NY now owns 257 shares of the company’s stock worth $31,000 after buying an additional 144 shares during the period. Envestnet Portfolio Solutions Inc. boosted its holdings in First Trust Small Cap Core AlphaDEX Fund by 4.4% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 5,107 shares of the company’s stock valued at $578,000 after acquiring an additional 217 shares during the period. First Bancorp Inc ME purchased a new stake in First Trust Small Cap Core AlphaDEX Fund during the 2nd quarter valued at about $43,000. Milestones Private Investment Advisors LLC grew its position in First Trust Small Cap Core AlphaDEX Fund by 1.9% during the 1st quarter. Milestones Private Investment Advisors LLC now owns 17,394 shares of the company’s stock worth $2,076,000 after acquiring an additional 326 shares during the last quarter. Finally, MCF Advisors LLC bought a new position in First Trust Small Cap Core AlphaDEX Fund during the 2nd quarter worth approximately $79,000.

About First Trust Small Cap Core AlphaDEX Fund

The First Trust Small Cap Core AlphaDEX Fund (FYX) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Small Cap Core index. The fund tracks an index of small-cap stocks selected based on quantitatively driven growth and value factors. FYX was launched on May 8, 2007 and is managed by First Trust.