First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX) Short Interest Update

First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX) saw a large growth in short interest in December. As of December 31st, there was short interest totaling 26,444 shares, a growth of 563.4% from the December 15th total of 3,986 shares. Based on an average daily volume of 14,374 shares, the short-interest ratio is presently 1.8 days. Currently, 0.3% of the shares of the stock are sold short. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily volume of 14,374 shares, the short-interest ratio is presently 1.8 days.

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

A number of hedge funds have recently added to or reduced their stakes in FYX. Twin Peaks Wealth Advisors LLC acquired a new position in shares of First Trust Small Cap Core AlphaDEX Fund during the second quarter worth approximately $59,000. CX Institutional acquired a new stake in shares of First Trust Small Cap Core AlphaDEX Fund in the third quarter valued at approximately $68,000. Blair William & Co. IL bought a new position in First Trust Small Cap Core AlphaDEX Fund in the 2nd quarter worth approximately $74,000. Walkner Condon Financial Advisors LLC bought a new position in First Trust Small Cap Core AlphaDEX Fund in the 3rd quarter worth approximately $201,000. Finally, Sagespring Wealth Partners LLC acquired a new position in First Trust Small Cap Core AlphaDEX Fund during the 4th quarter worth $203,000.

First Trust Small Cap Core AlphaDEX Fund Trading Up 0.0%

FYX stock traded up $0.04 during trading on Tuesday, hitting $119.78. 2,798 shares of the stock traded hands, compared to its average volume of 32,054. The stock has a market cap of $994.17 million, a price-to-earnings ratio of 13.79 and a beta of 1.14. First Trust Small Cap Core AlphaDEX Fund has a one year low of $77.66 and a one year high of $120.14. The company has a 50 day simple moving average of $112.65 and a 200 day simple moving average of $107.85.

First Trust Small Cap Core AlphaDEX Fund Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th were given a $0.3713 dividend. This represents a $1.49 annualized dividend and a yield of 1.2%. The ex-dividend date was Friday, December 12th. This is a positive change from First Trust Small Cap Core AlphaDEX Fund’s previous quarterly dividend of $0.27.

About First Trust Small Cap Core AlphaDEX Fund

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.