First Trust Consumer Staples AlphaDEX Fund (NYSEARCA:FXG) Sees Large Decrease in Short Interest

First Trust Consumer Staples AlphaDEX Fund (NYSEARCA:FXG) was the recipient of a large decrease in short interest in August. As of August 14th, there was short interest totaling 1,222 shares, a decrease of 75.8% from the July 30th total of 5,053 shares. Based on an average daily volume of 7,422 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the company’s stock are short sold.

First Trust Consumer Staples AlphaDEX Fund Price Performance

NYSEARCA:FXG opened at $65.43 on Friday. The business’s 50-day moving average is $64.51 and its two-hundred day moving average is $64.20. The firm has a market capitalization of $229.01 million, a PE ratio of 15.10 and a beta of 0.49. First Trust Consumer Staples AlphaDEX Fund has a 12 month low of $59.67 and a 12 month high of $69.50.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Cetera Investment Advisers boosted its holdings in First Trust Consumer Staples AlphaDEX Fund by 17.5% in the first quarter. Cetera Investment Advisers now owns 28,824 shares of the company’s stock valued at $1,837,000 after purchasing an additional 4,297 shares during the last quarter. Milestones Private Investment Advisors LLC grew its holdings in First Trust Consumer Staples AlphaDEX Fund by 2.6% during the 1st quarter. Milestones Private Investment Advisors LLC now owns 58,095 shares of the company’s stock worth $3,702,000 after acquiring an additional 1,456 shares in the last quarter. Fifth Third Bancorp acquired a new stake in shares of First Trust Consumer Staples AlphaDEX Fund in the 1st quarter valued at about $191,000. Kestra Advisory Services LLC lifted its position in shares of First Trust Consumer Staples AlphaDEX Fund by 4.2% during the first quarter. Kestra Advisory Services LLC now owns 12,009 shares of the company’s stock worth $765,000 after purchasing an additional 488 shares during the last quarter. Finally, Private Advisor Group LLC grew its stake in First Trust Consumer Staples AlphaDEX Fund by 5.7% in the first quarter. Private Advisor Group LLC now owns 8,614 shares of the company’s stock worth $549,000 after purchasing an additional 463 shares in the last quarter.

First Trust Consumer Staples AlphaDEX Fund Company Profile

First Trust Consumer Staples 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 Staples 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.