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

First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX) saw a large increase in short interest in January. As of January 31st, there was short interest totalling 20,700 shares, an increase of 135.2% from the January 15th total of 8,800 shares. Based on an average daily trading volume, of 22,000 shares, the days-to-cover ratio is currently 0.9 days.

Hedge Funds Weigh In On First Trust Small Cap Core AlphaDEX Fund

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Synergy Investment Management LLC acquired a new stake in First Trust Small Cap Core AlphaDEX Fund in the fourth quarter valued at $54,000. Wilmington Savings Fund Society FSB purchased a new position in shares of First Trust Small Cap Core AlphaDEX Fund in the 3rd quarter valued at about $85,000. FMR LLC raised its position in shares of First Trust Small Cap Core AlphaDEX Fund by 111.4% during the 3rd quarter. FMR LLC now owns 892 shares of the company’s stock worth $89,000 after acquiring an additional 470 shares in the last quarter. IFP Advisors Inc lifted its stake in First Trust Small Cap Core AlphaDEX Fund by 28.4% during the fourth quarter. IFP Advisors Inc now owns 1,294 shares of the company’s stock worth $131,000 after purchasing an additional 286 shares during the last quarter. Finally, Atria Investments Inc acquired a new position in First Trust Small Cap Core AlphaDEX Fund in the fourth quarter valued at approximately $203,000.

First Trust Small Cap Core AlphaDEX Fund Trading Up 0.3 %

Shares of NASDAQ FYX opened at $101.79 on Friday. The stock has a market cap of $961.92 million, a P/E ratio of 11.51 and a beta of 1.27. The business’s fifty day simple moving average is $102.71 and its 200-day simple moving average is $100.87. 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 business also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were given a $0.6219 dividend. The ex-dividend date 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.