Short Interest in First Trust Europe AlphaDEX Fund (NASDAQ:FEP) Rises By 138.5%

First Trust Europe AlphaDEX Fund (NASDAQ:FEP) saw a significant increase in short interest in the month of December. As of December 31st, there was short interest totalling 3,100 shares, an increase of 138.5% from the December 15th total of 1,300 shares. Based on an average daily volume of 61,000 shares, the days-to-cover ratio is presently 0.1 days.

Shares of FEP stock opened at $43.01 on Friday. First Trust Europe AlphaDEX Fund has a 1 year low of $37.93 and a 1 year high of $45.52. The firm’s fifty day simple moving average is $42.87 and its 200 day simple moving average is $43.23.

The company also recently announced a quarterly dividend, which was paid on Friday, December 31st. Stockholders of record on Monday, December 27th were paid a $0.515 dividend. This represents a $2.06 annualized dividend and a dividend yield of 4.79%. The ex-dividend date was Thursday, December 23rd. This is an increase from First Trust Europe AlphaDEX Fund’s previous quarterly dividend of $0.22.

Several large investors have recently modified their holdings of the company. Assetmark Inc. acquired a new position in First Trust Europe AlphaDEX Fund during the 2nd quarter valued at about $29,000. Creative Financial Designs Inc. ADV increased its stake in shares of First Trust Europe AlphaDEX Fund by 63.6% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 1,145 shares of the company’s stock valued at $48,000 after acquiring an additional 445 shares during the last quarter. Steward Partners Investment Advisory LLC increased its stake in First Trust Europe AlphaDEX Fund by 16.2% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 1,701 shares of the company’s stock worth $73,000 after purchasing an additional 237 shares in the last quarter. JPMorgan Chase & Co. acquired a new position in First Trust Europe AlphaDEX Fund during the 2nd quarter worth approximately $89,000. Finally, Arkadios Wealth Advisors boosted its position in First Trust Europe AlphaDEX Fund by 49.1% during the 3rd quarter. Arkadios Wealth Advisors now owns 2,286 shares of the company’s stock worth $95,000 after acquiring an additional 753 shares during the last quarter.

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