First Trust Health Care AlphaDEX Fund (NYSEARCA:FXH) Stock Short Interest Report for October

First Trust Health Care AlphaDEX Fund (NYSEARCA:FXH) was the target of a significant increase in short interest in October. As of October 15th, there was short interest totaling 11,553 shares, an increase of 350.1% from the September 30th total of 2,567 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 69,267 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Investors Weigh In On First Trust Health Care AlphaDEX Fund

A number of hedge funds have recently added to or reduced their stakes in FXH. Pine Valley Investments Ltd Liability Co boosted its position in shares of First Trust Health Care AlphaDEX Fund by 9.8% during the first quarter. Pine Valley Investments Ltd Liability Co now owns 5,261 shares of the company’s stock worth $578,000 after acquiring an additional 469 shares during the last quarter. Arkadios Wealth Advisors lifted its stake in shares of First Trust Health Care AlphaDEX Fund by 155.1% during the 1st quarter. Arkadios Wealth Advisors now owns 15,161 shares of the company’s stock worth $1,664,000 after purchasing an additional 9,217 shares during the last quarter. Royal Bank of Canada increased its position in shares of First Trust Health Care AlphaDEX Fund by 19.4% during the first quarter. Royal Bank of Canada now owns 78,075 shares of the company’s stock worth $8,570,000 after purchasing an additional 12,680 shares in the last quarter. Gateway Wealth Partners LLC grew its position in First Trust Health Care AlphaDEX Fund by 110.5% during the 1st quarter. Gateway Wealth Partners LLC now owns 5,875 shares of the company’s stock worth $645,000 after purchasing an additional 3,084 shares during the last quarter. Finally, Vivaldi Capital Management LP lifted its holdings in shares of First Trust Health Care AlphaDEX Fund by 18.4% during the first quarter. Vivaldi Capital Management LP now owns 3,378 shares of the company’s stock worth $371,000 after purchasing an additional 524 shares during the period.

First Trust Health Care AlphaDEX Fund Stock Performance

Shares of First Trust Health Care AlphaDEX Fund stock traded up $1.83 during midday trading on Thursday, hitting $137.87. The company had a trading volume of 29,281 shares, compared to its average volume of 38,892. The company has a 50 day moving average of $132.33 and a 200 day moving average of $120.68. First Trust Health Care AlphaDEX Fund has a 52-week low of $104.53 and a 52-week high of $137.91. The stock has a market capitalization of $1.17 billion, a P/E ratio of 16.75 and a beta of 0.72.

About First Trust Health Care AlphaDEX Fund

The First Trust Health Care AlphaDEX Fund is an exchange-traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield, before fees and expenses, of an equity index called the StrataQuant Health Care Index. The StrataQuant Health Care Index is an index developed, maintained and sponsored by the NYSE Group, Inc or its affiliates (NYSE), which employs the AlphaDEX stock selection methodology to select stocks from the Russell 1000 Index.