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

First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX) was the recipient of a large decline in short interest in the month of February. As of February 15th, there was short interest totalling 12,000 shares, a decline of 42.0% from the January 31st total of 20,700 shares. Based on an average daily trading volume, of 25,000 shares, the short-interest ratio is currently 0.5 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of FYX. Capital A Wealth Management LLC acquired a new position in First Trust Small Cap Core AlphaDEX Fund during the 4th quarter worth approximately $109,000. B. Riley Wealth Advisors Inc. increased its holdings in shares of First Trust Small Cap Core AlphaDEX Fund by 6.9% in the 4th quarter. B. Riley Wealth Advisors Inc. now owns 12,164 shares of the company’s stock valued at $1,229,000 after acquiring an additional 781 shares during the last quarter. Armis Advisers LLC purchased a new stake in First Trust Small Cap Core AlphaDEX Fund during the fourth quarter worth approximately $205,000. Mpwm Advisory Solutions LLC acquired a new position in First Trust Small Cap Core AlphaDEX Fund in the fourth quarter valued at approximately $58,000. Finally, Two Sigma Investments LP acquired a new position in First Trust Small Cap Core AlphaDEX Fund in the fourth quarter valued at approximately $899,000.

First Trust Small Cap Core AlphaDEX Fund Stock Down 2.1 %

NASDAQ FYX traded down $1.99 on Tuesday, reaching $92.13. The stock had a trading volume of 16,793 shares, compared to its average volume of 26,172. The firm has a market capitalization of $870.63 million, a price-to-earnings ratio of 13.07 and a beta of 1.27. The stock has a fifty day moving average price of $101.15 and a two-hundred day moving average price of $101.25. First Trust Small Cap Core AlphaDEX Fund has a 12-month low of $86.07 and a 12-month high of $111.87.

First Trust Small Cap Core AlphaDEX Fund Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were issued a dividend of $0.6219 per share. The ex-dividend date of this dividend was Friday, December 13th.

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.