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 large growth in short interest in the month of July. As of July 31st, there was short interest totalling 29,100 shares, a growth of 519.1% from the July 15th total of 4,700 shares. Based on an average trading volume of 22,800 shares, the short-interest ratio is presently 1.3 days.

First Trust Small Cap Core AlphaDEX Fund Trading Up 0.6 %

Shares of FYX stock traded up $0.51 on Tuesday, hitting $92.41. The stock had a trading volume of 1,884 shares, compared to its average volume of 27,031. First Trust Small Cap Core AlphaDEX Fund has a twelve month low of $74.46 and a twelve month high of $101.99. The firm has a market cap of $859.41 million, a P/E ratio of 11.51 and a beta of 1.27. The company has a fifty day moving average price of $92.87 and a two-hundred day moving average price of $91.32.

First Trust Small Cap Core AlphaDEX Fund Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Thursday, June 27th were given a dividend of $0.373 per share. The ex-dividend date of this dividend was Thursday, June 27th. This represents a $1.49 annualized dividend and a yield of 1.61%.

Institutional Investors Weigh In On First Trust Small Cap Core AlphaDEX Fund

Several institutional investors and hedge funds have recently added to or reduced their stakes in FYX. GAMMA Investing LLC bought a new stake in shares of First Trust Small Cap Core AlphaDEX Fund in the 4th quarter valued at about $34,000. International Assets Investment Management LLC bought a new stake in shares of First Trust Small Cap Core AlphaDEX Fund in the 2nd quarter valued at about $39,000. Global Retirement Partners LLC raised its holdings in shares of First Trust Small Cap Core AlphaDEX Fund by 26.7% in the 1st quarter. Global Retirement Partners LLC now owns 584 shares of the company’s stock valued at $54,000 after purchasing an additional 123 shares during the period. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of First Trust Small Cap Core AlphaDEX Fund in the 2nd quarter valued at about $106,000. Finally, Kings Path Partners LLC bought a new stake in shares of First Trust Small Cap Core AlphaDEX Fund in the 2nd quarter valued at about $147,000.

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.