Short Interest in First Trust Multi Cap Value AlphaDEX Fund (NASDAQ:FAB) Rises By 466.7%

First Trust Multi Cap Value AlphaDEX Fund (NASDAQ:FAB) saw a significant growth in short interest in December. As of December 31st, there was short interest totalling 1,700 shares, a growth of 466.7% from the December 15th total of 300 shares. Based on an average trading volume of 3,400 shares, the short-interest ratio is presently 0.5 days.

First Trust Multi Cap Value AlphaDEX Fund Trading Up 1.3 %

NASDAQ FAB traded up $1.05 during trading on Monday, hitting $82.32. 595 shares of the company traded hands, compared to its average volume of 5,371. First Trust Multi Cap Value AlphaDEX Fund has a 12 month low of $74.49 and a 12 month high of $90.30. The business has a fifty day simple moving average of $85.49 and a 200 day simple moving average of $83.54. The company has a market capitalization of $131.71 million, a P/E ratio of 11.93 and a beta of 1.22.

First Trust Multi Cap Value AlphaDEX Fund Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were issued a $0.577 dividend. The ex-dividend date of this dividend was Friday, December 13th.

Institutional Investors Weigh In On First Trust Multi Cap Value AlphaDEX Fund

A number of large investors have recently added to or reduced their stakes in the stock. International Assets Investment Management LLC raised its position in shares of First Trust Multi Cap Value AlphaDEX Fund by 8,348.9% in the third quarter. International Assets Investment Management LLC now owns 66,493 shares of the company’s stock valued at $5,618,000 after purchasing an additional 65,706 shares during the period. Proactive Wealth Strategies LLC acquired a new position in First Trust Multi Cap Value AlphaDEX Fund in the 3rd quarter valued at $669,000. Virtu Financial LLC raised its holdings in First Trust Multi Cap Value AlphaDEX Fund by 218.9% in the 3rd quarter. Virtu Financial LLC now owns 8,454 shares of the company’s stock worth $714,000 after acquiring an additional 5,803 shares during the period. Finally, Commonwealth Equity Services LLC lifted its position in First Trust Multi Cap Value AlphaDEX Fund by 0.9% during the 2nd quarter. Commonwealth Equity Services LLC now owns 19,908 shares of the company’s stock worth $1,568,000 after acquiring an additional 171 shares during the last quarter.

First Trust Multi Cap Value AlphaDEX Fund Company Profile

The First Trust Multi Cap Value AlphaDEX Fund (FAB) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Multi Cap Value index. The fund tracks an index that uses fundamental factors to select and weight value stocks from the Nasdaq US Select Indices. FAB was launched on May 8, 2007 and is managed by First Trust.