Short Interest in First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX) Grows By 135.2%

First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX) was the target of a significant increase in short interest in the month of 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.

First Trust Small Cap Core AlphaDEX Fund Trading Up 0.3 %

FYX stock traded up $0.33 during trading hours on Thursday, hitting $100.98. 42,344 shares of the stock traded hands, compared to its average volume of 21,027. The stock has a 50-day simple moving average of $103.01 and a 200 day simple moving average of $100.84. The company has a market cap of $954.26 million, a P/E ratio of 11.51 and a beta of 1.27. First Trust Small Cap Core AlphaDEX Fund has a one year low of $86.07 and a one year high of $111.87.

First Trust Small Cap Core AlphaDEX Fund Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were given a dividend of $0.6219 per share. The ex-dividend date was Friday, December 13th.

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

Hedge funds have recently made changes to their positions in the business. Raymond James Financial Inc. bought a new stake in shares of First Trust Small Cap Core AlphaDEX Fund during the 4th quarter worth $44,857,000. Envestnet Asset Management Inc. lifted its holdings in shares of First Trust Small Cap Core AlphaDEX Fund by 9.5% during the fourth quarter. Envestnet Asset Management Inc. now owns 43,801 shares of the company’s stock valued at $4,427,000 after purchasing an additional 3,792 shares during the last quarter. Wells Fargo & Company MN boosted its position in shares of First Trust Small Cap Core AlphaDEX Fund by 3.4% in the 4th quarter. Wells Fargo & Company MN now owns 641,305 shares of the company’s stock valued at $64,810,000 after purchasing an additional 20,941 shares during the period. JPMorgan Chase & Co. increased its stake in First Trust Small Cap Core AlphaDEX Fund by 49.6% in the 4th quarter. JPMorgan Chase & Co. now owns 129,585 shares of the company’s stock worth $13,096,000 after purchasing an additional 42,948 shares in the last quarter. Finally, Morey & Quinn Wealth Partners LLC acquired a new stake in First Trust Small Cap Core AlphaDEX Fund during the 4th quarter worth about $484,000.

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.