First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX) Sees Large Decline in Short Interest

First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX) was the target of a large decline in short interest during the month of August. As of August 14th, there was short interest totaling 23,065 shares, a decline of 65.7% from the July 30th total of 67,341 shares. Based on an average daily volume of 31,850 shares, the short-interest ratio is presently 0.7 days. Approximately 0.2% of the company’s stock are short sold.

Institutional Trading of First Trust Small Cap Core AlphaDEX Fund

Large investors have recently made changes to their positions in the stock. NBT Bank N A NY raised its stake in shares of First Trust Small Cap Core AlphaDEX Fund by 127.4% in the 1st quarter. NBT Bank N A NY now owns 257 shares of the company’s stock valued at $31,000 after acquiring an additional 144 shares in the last quarter. First Bancorp Inc ME bought a new stake in First Trust Small Cap Core AlphaDEX Fund during the second quarter worth approximately $43,000. Beto Financial Group LLC acquired a new position in First Trust Small Cap Core AlphaDEX Fund during the fourth quarter valued at approximately $216,000. Summit Wealth Group LLC Co. acquired a new position in First Trust Small Cap Core AlphaDEX Fund during the fourth quarter valued at approximately $225,000. Finally, Boston Standard Wealth Management LLC bought a new position in shares of First Trust Small Cap Core AlphaDEX Fund in the second quarter valued at approximately $233,000.

First Trust Small Cap Core AlphaDEX Fund Price Performance

NASDAQ:FYX traded down $1.17 during trading hours on Friday, reaching $142.45. The company’s stock had a trading volume of 157,430 shares, compared to its average volume of 32,701. The company has a market cap of $1.37 billion, a price-to-earnings ratio of 13.79 and a beta of 1.06. First Trust Small Cap Core AlphaDEX Fund has a one year low of $103.42 and a one year high of $147.18. The business’s 50-day moving average is $142.84 and its 200-day moving average is $132.83.

First Trust Small Cap Core AlphaDEX Fund Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were given a $0.4369 dividend. This is an increase from First Trust Small Cap Core AlphaDEX Fund’s previous quarterly dividend of $0.20. This represents a $1.75 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend was Thursday, June 25th.

First Trust Small Cap Core AlphaDEX Fund Company Profile

The First Trust Small Cap Core AlphaDEX Fund (FYX) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Small Cap Core index. The fund tracks an index of small-cap stocks selected based on quantitatively driven growth and value factors. FYX was launched on May 8, 2007 and is managed by First Trust.