First Trust Consumer Discretionary AlphaDEX Fund (NYSEARCA:FXD) Short Interest Update

First Trust Consumer Discretionary AlphaDEX Fund (NYSEARCA:FXD) was the recipient of a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 74,521 shares, a growth of 121.2% from the July 15th total of 33,689 shares. Currently, 1.9% of the shares of the company are short sold. Based on an average daily trading volume, of 15,617 shares, the short-interest ratio is presently 4.8 days.

Institutional Investors Weigh In On First Trust Consumer Discretionary AlphaDEX Fund

Several hedge funds have recently added to or reduced their stakes in FXD. BNP Paribas Financial Markets acquired a new position in shares of First Trust Consumer Discretionary AlphaDEX Fund in the second quarter valued at $3,172,000. Raymond James Financial Inc. lifted its stake in shares of First Trust Consumer Discretionary AlphaDEX Fund by 13.3% during the 3rd quarter. Raymond James Financial Inc. now owns 256,240 shares of the company’s stock worth $17,481,000 after buying an additional 30,127 shares during the last quarter. Stifel Financial Corp lifted its stake in shares of First Trust Consumer Discretionary AlphaDEX Fund by 2.3% during the 4th quarter. Stifel Financial Corp now owns 97,345 shares of the company’s stock worth $6,655,000 after buying an additional 2,154 shares during the last quarter. Goldman Sachs Group Inc. boosted its holdings in shares of First Trust Consumer Discretionary AlphaDEX Fund by 78.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 88,576 shares of the company’s stock worth $5,128,000 after buying an additional 38,953 shares during the period. Finally, Tower Research Capital LLC TRC boosted its holdings in shares of First Trust Consumer Discretionary AlphaDEX Fund by 155.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 35,899 shares of the company’s stock worth $2,277,000 after buying an additional 21,828 shares during the period.

First Trust Consumer Discretionary AlphaDEX Fund Trading Down 0.2%

Shares of FXD traded down $0.17 during mid-day trading on Friday, reaching $70.84. The company’s stock had a trading volume of 3,458 shares, compared to its average volume of 15,189. First Trust Consumer Discretionary AlphaDEX Fund has a 1-year low of $61.86 and a 1-year high of $72.50. The business has a 50-day simple moving average of $69.51 and a two-hundred day simple moving average of $67.94. The stock has a market cap of $272.73 million, a P/E ratio of 13.17 and a beta of 1.12.

About First Trust Consumer Discretionary AlphaDEX Fund

First Trust Consumer Discretionary 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 Consumer Discretionary 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.