First Trust Mid Cap Core AlphaDEX Fund (NASDAQ:FNX) Short Interest Update

First Trust Mid Cap Core AlphaDEX Fund (NASDAQ:FNX) was the recipient of a significant decline in short interest in the month of December. As of December 31st, there was short interest totalling 3,900 shares, a decline of 7.1% from the December 15th total of 4,200 shares. Based on an average daily volume of 18,600 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Investors Weigh In On First Trust Mid Cap Core AlphaDEX Fund

A number of institutional investors have recently made changes to their positions in the company. LPL Financial LLC increased its stake in shares of First Trust Mid Cap Core AlphaDEX Fund by 4.9% during the third quarter. LPL Financial LLC now owns 902,719 shares of the company’s stock worth $105,753,000 after purchasing an additional 42,038 shares during the period. National Bank of Canada FI increased its position in First Trust Mid Cap Core AlphaDEX Fund by 9,554.2% during the 3rd quarter. National Bank of Canada FI now owns 191,926 shares of the company’s stock worth $22,484,000 after buying an additional 189,938 shares during the period. International Assets Investment Management LLC lifted its holdings in shares of First Trust Mid Cap Core AlphaDEX Fund by 10,294.5% during the third quarter. International Assets Investment Management LLC now owns 184,607 shares of the company’s stock worth $21,627,000 after buying an additional 182,831 shares in the last quarter. Stifel Financial Corp lifted its holdings in shares of First Trust Mid Cap Core AlphaDEX Fund by 0.9% during the third quarter. Stifel Financial Corp now owns 88,120 shares of the company’s stock worth $10,323,000 after buying an additional 822 shares in the last quarter. Finally, Lakeridge Wealth Management LLC grew its stake in shares of First Trust Mid Cap Core AlphaDEX Fund by 5.9% in the third quarter. Lakeridge Wealth Management LLC now owns 69,606 shares of the company’s stock valued at $8,154,000 after acquiring an additional 3,860 shares in the last quarter.

First Trust Mid Cap Core AlphaDEX Fund Stock Up 0.5 %

Shares of FNX traded up $0.63 during trading hours on Monday, hitting $120.21. The company had a trading volume of 19,938 shares, compared to its average volume of 30,594. The business has a fifty day moving average of $120.37 and a 200-day moving average of $116.42. The firm has a market cap of $1.28 billion, a price-to-earnings ratio of 13.43 and a beta of 1.20. First Trust Mid Cap Core AlphaDEX Fund has a 12 month low of $99.68 and a 12 month high of $127.98.

First Trust Mid Cap Core AlphaDEX Fund Increases Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were issued a $0.4657 dividend. This is a boost from First Trust Mid Cap Core AlphaDEX Fund’s previous dividend of $0.35. The ex-dividend date of this dividend was Friday, December 13th.

First Trust Mid Cap Core AlphaDEX Fund Company Profile

The First Trust Mid Cap Core AlphaDEX Fund (FNX) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Mid Cap Core index. The fund tracks a tiered equal-weighted index of US mid-cap equities selected using both growth and value screens. FNX was launched on May 8, 2007 and is managed by First Trust.