First Trust Small Cap Growth AlphaDEX Fund (NASDAQ:FYC) Short Interest Update

First Trust Small Cap Growth AlphaDEX Fund (NASDAQ:FYC) was the recipient of a significant decline in short interest in June. As of June 15th, there was short interest totaling 9,353 shares, a decline of 59.5% from the May 31st total of 23,079 shares. Based on an average daily volume of 51,732 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the company’s stock are short sold.

First Trust Small Cap Growth AlphaDEX Fund Stock Up 1.3%

Shares of NASDAQ:FYC traded up $1.59 during trading on Tuesday, reaching $127.34. 42,149 shares of the company traded hands, compared to its average volume of 70,483. The firm has a fifty day simple moving average of $115.07 and a 200 day simple moving average of $105.07. First Trust Small Cap Growth AlphaDEX Fund has a 1-year low of $77.11 and a 1-year high of $127.56. The firm has a market cap of $1.19 billion, a P/E ratio of 20.27 and a beta of 1.18.

First Trust Small Cap Growth AlphaDEX Fund Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th will be issued a dividend of $0.1297 per share. The ex-dividend date of this dividend is Thursday, June 25th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.4%.

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

A number of large investors have recently added to or reduced their stakes in FYC. Creative Planning acquired a new stake in shares of First Trust Small Cap Growth AlphaDEX Fund in the second quarter worth $202,000. First Trust Advisors LP raised its holdings in First Trust Small Cap Growth AlphaDEX Fund by 2.8% in the 2nd quarter. First Trust Advisors LP now owns 254,884 shares of the company’s stock worth $20,284,000 after acquiring an additional 7,042 shares during the period. Bank of America Corp DE lifted its position in First Trust Small Cap Growth AlphaDEX Fund by 92.8% during the 2nd quarter. Bank of America Corp DE now owns 246,143 shares of the company’s stock worth $19,588,000 after acquiring an additional 118,450 shares during the last quarter. Equitable Holdings Inc. boosted its holdings in First Trust Small Cap Growth AlphaDEX Fund by 8.9% during the second quarter. Equitable Holdings Inc. now owns 58,012 shares of the company’s stock valued at $4,617,000 after acquiring an additional 4,733 shares during the period. Finally, Geneos Wealth Management Inc. grew its position in shares of First Trust Small Cap Growth AlphaDEX Fund by 54.7% in the second quarter. Geneos Wealth Management Inc. now owns 12,956 shares of the company’s stock valued at $1,031,000 after purchasing an additional 4,579 shares during the last quarter.

About First Trust Small Cap Growth AlphaDEX Fund

The First Trust Small Cap Growth AlphaDEX Fund (FYC) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Small Cap Growth index. The fund tracks a quant-driven index that select stocks from a small-cap growth universe in an attempt to outperform the market. FYC was launched on Apr 18, 2011 and is managed by First Trust.