First Trust Small Cap Growth AlphaDEX Fund (NASDAQ:FYC) Short Interest Down 7.0% in November

First Trust Small Cap Growth AlphaDEX Fund (NASDAQ:FYC) was the recipient of a large decrease in short interest in November. As of November 30th, there was short interest totalling 21,400 shares, a decrease of 7.0% from the November 15th total of 23,000 shares. Based on an average daily trading volume, of 29,700 shares, the short-interest ratio is presently 0.7 days.

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

Several hedge funds and other institutional investors have recently modified their holdings of FYC. HFG Advisors Inc. boosted its holdings in First Trust Small Cap Growth AlphaDEX Fund by 1.0% during the 3rd quarter. HFG Advisors Inc. now owns 20,752 shares of the company’s stock worth $1,543,000 after acquiring an additional 205 shares during the last quarter. Comerica Bank increased its position in First Trust Small Cap Growth AlphaDEX Fund by 28.7% in the first quarter. Comerica Bank now owns 924 shares of the company’s stock worth $61,000 after buying an additional 206 shares during the last quarter. Gateway Wealth Partners LLC raised its stake in First Trust Small Cap Growth AlphaDEX Fund by 2.3% in the 3rd quarter. Gateway Wealth Partners LLC now owns 9,103 shares of the company’s stock valued at $677,000 after acquiring an additional 207 shares during the period. PNC Financial Services Group Inc. raised its position in shares of First Trust Small Cap Growth AlphaDEX Fund by 0.6% in the third quarter. PNC Financial Services Group Inc. now owns 50,540 shares of the company’s stock valued at $3,759,000 after purchasing an additional 306 shares during the period. Finally, Wealth Effects LLC raised its holdings in First Trust Small Cap Growth AlphaDEX Fund by 13.9% during the 3rd quarter. Wealth Effects LLC now owns 3,482 shares of the company’s stock valued at $259,000 after acquiring an additional 425 shares during the period.

First Trust Small Cap Growth AlphaDEX Fund Stock Down 1.2 %

Shares of FYC stock opened at $81.42 on Wednesday. The company has a market cap of $378.60 million, a price-to-earnings ratio of 15.06 and a beta of 1.19. The firm has a 50 day moving average of $79.27 and a 200-day moving average of $72.79. First Trust Small Cap Growth AlphaDEX Fund has a 52 week low of $58.94 and a 52 week high of $85.01.

First Trust Small Cap Growth AlphaDEX Fund Announces Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th will be given a dividend of $0.1473 per share. The ex-dividend date of this dividend is Friday, December 13th.

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.