First Trust Financials AlphaDEX Fund (NYSEARCA:FXO) Stock Short Interest Report for September

First Trust Financials AlphaDEX Fund (NYSEARCA:FXO) saw a large drop in short interest in September. As of September 30th, there was short interest totaling 7,184 shares, a drop of 45.5% from the September 15th total of 13,172 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 58,898 shares, the short-interest ratio is presently 0.1 days.

First Trust Financials AlphaDEX Fund Stock Up 1.6%

Shares of NYSEARCA:FXO traded up $1.01 during midday trading on Thursday, reaching $62.67. The company had a trading volume of 82,270 shares, compared to its average volume of 187,119. The business’s 50 day moving average price is $64.34 and its 200 day moving average price is $62.13. The stock has a market cap of $1.05 billion, a PE ratio of 12.42 and a beta of 0.94. First Trust Financials AlphaDEX Fund has a 1-year low of $54.40 and a 1-year high of $67.38.

Institutional Investors Weigh In On First Trust Financials AlphaDEX Fund

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Concurrent Investment Advisors LLC lifted its position in shares of First Trust Financials AlphaDEX Fund by 1.7% in the second quarter. Concurrent Investment Advisors LLC now owns 32,847 shares of the company’s stock valued at $2,052,000 after buying an additional 553 shares during the last quarter. Pacific Sun Financial Corp boosted its stake in shares of First Trust Financials AlphaDEX Fund by 2.3% during the 1st quarter. Pacific Sun Financial Corp now owns 32,030 shares of the company’s stock worth $1,800,000 after acquiring an additional 720 shares during the period. IFP Advisors Inc boosted its stake in shares of First Trust Financials AlphaDEX Fund by 1.7% during the 2nd quarter. IFP Advisors Inc now owns 23,208 shares of the company’s stock worth $1,450,000 after acquiring an additional 385 shares during the period. Certified Advisory Corp increased its holdings in shares of First Trust Financials AlphaDEX Fund by 1.6% during the 1st quarter. Certified Advisory Corp now owns 23,203 shares of the company’s stock worth $1,304,000 after acquiring an additional 359 shares during the last quarter. Finally, Ameritas Advisory Services LLC increased its holdings in shares of First Trust Financials AlphaDEX Fund by 62.1% during the 2nd quarter. Ameritas Advisory Services LLC now owns 17,083 shares of the company’s stock worth $1,067,000 after acquiring an additional 6,547 shares during the last quarter.

First Trust Financials AlphaDEX Fund Company Profile

First Trust Financials AlphaDEX Fund (the Fund) is an exchange-traded fund. It seeks investment results that correspond generally to the price and yield of an equity index called the StrataQuant Financials Index (the Index). The StrataQuant Financials 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 StrataQuant Financials Index by ranking the stocks, which are members of the Russell 1000 Index on growth factors, including three, six 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.