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

First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX) was the recipient of a significant decline in short interest in November. As of November 30th, there was short interest totalling 15,900 shares, a decline of 62.8% from the November 15th total of 42,700 shares. Based on an average daily trading volume, of 18,000 shares, the days-to-cover ratio is currently 0.9 days.

Institutional Trading of First Trust Small Cap Core AlphaDEX Fund

Hedge funds and other institutional investors have recently made changes to their positions in the business. Perennial Investment Advisors LLC increased its stake in shares of First Trust Small Cap Core AlphaDEX Fund by 8.3% during the 2nd quarter. Perennial Investment Advisors LLC now owns 25,317 shares of the company’s stock worth $2,293,000 after purchasing an additional 1,931 shares during the last quarter. Commonwealth Equity Services LLC grew its stake in shares of First Trust Small Cap Core AlphaDEX Fund by 10.3% during the second quarter. Commonwealth Equity Services LLC now owns 65,741 shares of the company’s stock worth $5,947,000 after buying an additional 6,160 shares during the last quarter. International Assets Investment Management LLC bought a new stake in shares of First Trust Small Cap Core AlphaDEX Fund during the second quarter worth about $39,000. Wealth Alliance Advisory Group LLC increased its holdings in First Trust Small Cap Core AlphaDEX Fund by 2.0% in the second quarter. Wealth Alliance Advisory Group LLC now owns 123,010 shares of the company’s stock valued at $11,128,000 after purchasing an additional 2,380 shares during the period. Finally, Kings Path Partners LLC bought a new position in First Trust Small Cap Core AlphaDEX Fund during the second quarter worth $147,000.

First Trust Small Cap Core AlphaDEX Fund Trading Up 0.3 %

Shares of FYX stock traded up $0.37 on Wednesday, hitting $108.59. 17,552 shares of the stock were exchanged, compared to its average volume of 24,261. The firm has a market capitalization of $999.03 million, a P/E ratio of 11.51 and a beta of 1.27. First Trust Small Cap Core AlphaDEX Fund has a fifty-two week low of $84.87 and a fifty-two week high of $111.87. The business has a 50-day moving average of $103.61 and a 200 day moving average of $97.65.

First Trust Small Cap Core AlphaDEX Fund Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were given a dividend of $0.516 per share. The ex-dividend date was Thursday, September 26th. This represents a $2.06 dividend on an annualized basis and a yield of 1.90%. This is an increase from First Trust Small Cap Core AlphaDEX Fund’s previous quarterly dividend of $0.37.

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.