First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) Short Interest Up 2,677.3% in June

First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) saw a significant growth in short interest in June. As of June 30th, there was short interest totaling 123,423 shares, a growth of 2,677.3% from the June 15th total of 4,444 shares. Currently, 1.5% of the shares of the company are short sold. Based on an average daily volume of 66,541 shares, the short-interest ratio is presently 1.9 days.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Jones Financial Companies Lllp lifted its holdings in First Trust Industrials/Producer Durables AlphaDEX Fund by 31.2% during the first quarter. Jones Financial Companies Lllp now owns 8,792 shares of the company’s stock valued at $612,000 after purchasing an additional 2,093 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of First Trust Industrials/Producer Durables AlphaDEX Fund by 15.3% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,002 shares of the company’s stock valued at $74,000 after purchasing an additional 133 shares during the period. Transamerica Financial Advisors LLC raised its position in shares of First Trust Industrials/Producer Durables AlphaDEX Fund by 1.0% during the 2nd quarter. Transamerica Financial Advisors LLC now owns 30,926 shares of the company’s stock valued at $2,295,000 after purchasing an additional 311 shares during the period. Benjamin Edwards Inc. lifted its stake in shares of First Trust Industrials/Producer Durables AlphaDEX Fund by 2.8% during the 2nd quarter. Benjamin Edwards Inc. now owns 174,212 shares of the company’s stock valued at $12,930,000 after buying an additional 4,740 shares in the last quarter. Finally, EP Wealth Advisors LLC boosted its holdings in First Trust Industrials/Producer Durables AlphaDEX Fund by 35.8% in the 2nd quarter. EP Wealth Advisors LLC now owns 2,182 shares of the company’s stock worth $162,000 after buying an additional 575 shares during the period.

First Trust Industrials/Producer Durables AlphaDEX Fund Stock Up 0.3%

NYSEARCA:FXR traded up $0.25 during mid-day trading on Friday, hitting $88.93. 17,127 shares of the company traded hands, compared to its average volume of 59,456. The stock’s fifty day moving average price is $87.47 and its 200-day moving average price is $86.28. The firm has a market cap of $729.23 million, a price-to-earnings ratio of 17.44 and a beta of 1.07. First Trust Industrials/Producer Durables AlphaDEX Fund has a one year low of $73.08 and a one year high of $92.78.

About First Trust Industrials/Producer Durables AlphaDEX Fund

First Trust Industrials/Producer Durables 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 Industrials 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.