Short Interest in First Trust Small Cap Growth AlphaDEX Fund (NASDAQ:FYC) Declines By 39.8%

First Trust Small Cap Growth AlphaDEX Fund (NASDAQ:FYC) saw a significant decrease in short interest in the month of January. As of January 31st, there was short interest totalling 9,700 shares, a decrease of 39.8% from the January 15th total of 16,100 shares. Based on an average trading volume of 58,700 shares, the days-to-cover ratio is presently 0.2 days.

First Trust Small Cap Growth AlphaDEX Fund Trading Down 0.1 %

FYC opened at $79.28 on Friday. The business has a 50 day moving average of $79.21 and a 200-day moving average of $76.31. The stock has a market capitalization of $475.68 million, a price-to-earnings ratio of 15.06 and a beta of 1.19. First Trust Small Cap Growth AlphaDEX Fund has a 1-year low of $60.51 and a 1-year high of $85.01.

First Trust Small Cap Growth AlphaDEX Fund Dividend Announcement

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were given a dividend of $0.1473 per share. The ex-dividend date was Friday, December 13th.

Institutional Trading of First Trust Small Cap Growth AlphaDEX Fund

A number of institutional investors have recently modified their holdings of FYC. Truist Financial Corp bought a new stake in shares of First Trust Small Cap Growth AlphaDEX Fund during the 2nd quarter valued at $214,000. HFG Advisors Inc. raised its holdings in shares of 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 buying an additional 205 shares in the last quarter. Raymond James & Associates raised its holdings in shares of First Trust Small Cap Growth AlphaDEX Fund by 52.3% during the 3rd quarter. Raymond James & Associates now owns 78,513 shares of the company’s stock worth $5,839,000 after buying an additional 26,945 shares in the last quarter. Wealth Effects LLC raised its holdings in shares of 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 worth $259,000 after buying an additional 425 shares in the last quarter. Finally, Heritage Oak Wealth Advisors LLC acquired a new position in shares of First Trust Small Cap Growth AlphaDEX Fund during the 3rd quarter worth $7,128,000.

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.