First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) Short Interest Update

First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) saw a significant decrease in short interest in the month of July. As of July 15th, there was short interest totaling 68,243 shares, a decrease of 44.7% from the June 30th total of 123,423 shares. Based on an average trading volume of 31,371 shares, the days-to-cover ratio is currently 2.2 days. Currently, 0.8% of the shares of the company are short sold.

First Trust Industrials/Producer Durables AlphaDEX Fund Stock Down 0.0%

Shares of First Trust Industrials/Producer Durables AlphaDEX Fund stock traded down $0.02 during trading hours on Friday, reaching $88.26. 17,264 shares of the stock traded hands, compared to its average volume of 56,109. The company has a 50 day moving average price of $88.32 and a 200 day moving average price of $86.98. The firm has a market capitalization of $732.56 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.

Hedge Funds Weigh In On First Trust Industrials/Producer Durables AlphaDEX Fund

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Northwestern Mutual Wealth Management Co. grew its position in First Trust Industrials/Producer Durables AlphaDEX Fund by 15.3% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,002 shares of the company’s stock valued at $74,000 after acquiring an additional 133 shares during the last quarter. Silver Oak Securities Incorporated lifted its position in shares of First Trust Industrials/Producer Durables AlphaDEX Fund by 2.8% during the first quarter. Silver Oak Securities Incorporated now owns 4,888 shares of the company’s stock worth $399,000 after purchasing an additional 133 shares during the last quarter. Prosperity Consulting Group LLC lifted its position in shares of First Trust Industrials/Producer Durables AlphaDEX Fund by 1.1% during the third quarter. Prosperity Consulting Group LLC now owns 15,887 shares of the company’s stock worth $1,240,000 after purchasing an additional 168 shares during the last quarter. Transamerica Financial Advisors LLC boosted its stake in shares of First Trust Industrials/Producer Durables AlphaDEX Fund by 1.0% during the second 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. Finally, Cornerstone Wealth Management LLC boosted its stake in shares of First Trust Industrials/Producer Durables AlphaDEX Fund by 6.6% during the fourth quarter. Cornerstone Wealth Management LLC now owns 5,108 shares of the company’s stock valued at $408,000 after purchasing an additional 317 shares during the period.

First Trust Industrials/Producer Durables AlphaDEX Fund Company Profile

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.