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

First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) was the target of a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 18,054 shares, an increase of 581.0% from the May 14th total of 2,651 shares. Based on an average trading volume of 19,107 shares, the short-interest ratio is currently 0.9 days. Approximately 0.2% of the company’s stock are sold short.

First Trust Industrials/Producer Durables AlphaDEX Fund Stock Up 0.8%

Shares of NYSEARCA:FXR traded up $0.74 during midday trading on Friday, reaching $88.06. 12,836 shares of the company were exchanged, compared to its average volume of 60,651. First Trust Industrials/Producer Durables AlphaDEX Fund has a fifty-two week low of $71.27 and a fifty-two week high of $92.78. The stock has a fifty day simple moving average of $86.09 and a two-hundred day simple moving average of $84.82. The firm has a market cap of $704.48 million, a PE ratio of 17.44 and a beta of 1.08.

Institutional Investors Weigh In On First Trust Industrials/Producer Durables AlphaDEX Fund

A number of hedge funds and other institutional investors have recently made changes to their positions in FXR. Silver Oak Securities Incorporated increased its stake in First Trust Industrials/Producer Durables AlphaDEX Fund by 2.8% in the 1st quarter. Silver Oak Securities Incorporated now owns 4,888 shares of the company’s stock valued at $399,000 after buying an additional 133 shares during the last quarter. WealthBridge Capital Management LLC increased its stake in First Trust Industrials/Producer Durables AlphaDEX Fund by 7.8% in the 1st quarter. WealthBridge Capital Management LLC now owns 5,094 shares of the company’s stock valued at $416,000 after buying an additional 370 shares during the last quarter. Hilton Head Capital Partners LLC acquired a new stake in First Trust Industrials/Producer Durables AlphaDEX Fund in the 4th quarter valued at $61,000. TradeWell Securities LLC. increased its stake in First Trust Industrials/Producer Durables AlphaDEX Fund by 6.9% in the 4th quarter. TradeWell Securities LLC. now owns 22,951 shares of the company’s stock valued at $1,833,000 after buying an additional 1,481 shares during the last quarter. Finally, Cornerstone Wealth Management LLC increased its stake in First Trust Industrials/Producer Durables AlphaDEX Fund by 6.6% in the 4th quarter. Cornerstone Wealth Management LLC now owns 5,108 shares of the company’s stock valued at $408,000 after buying an additional 317 shares during the last quarter.

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.