First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX) Short Interest Up 100.0% in January

First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX) was the recipient of a significant growth in short interest in the month of January. As of January 15th, there was short interest totalling 34,400 shares, a growth of 100.0% from the December 31st total of 17,200 shares. Based on an average daily trading volume, of 21,000 shares, the days-to-cover ratio is presently 1.6 days.

Institutional Trading of First Trust Small Cap Core AlphaDEX Fund

Several hedge funds have recently made changes to their positions in the business. Wilmington Savings Fund Society FSB purchased a new stake in shares of First Trust Small Cap Core AlphaDEX Fund in the third quarter valued at $85,000. FMR LLC grew its holdings in First Trust Small Cap Core AlphaDEX Fund by 111.4% during the 3rd quarter. FMR LLC now owns 892 shares of the company’s stock valued at $89,000 after purchasing an additional 470 shares during the last quarter. Signature Estate & Investment Advisors LLC bought a new position in First Trust Small Cap Core AlphaDEX Fund during the 3rd quarter valued at about $203,000. J.W. Cole Advisors Inc. purchased a new stake in First Trust Small Cap Core AlphaDEX Fund in the 3rd quarter worth about $206,000. Finally, Brass Tax Wealth Management Inc. bought a new stake in First Trust Small Cap Core AlphaDEX Fund in the third quarter worth about $208,000.

First Trust Small Cap Core AlphaDEX Fund Price Performance

Shares of NASDAQ:FYX traded up $0.11 during trading on Wednesday, hitting $103.15. 21,593 shares of the company’s stock were exchanged, compared to its average volume of 25,558. The business’s 50-day simple moving average is $104.49 and its 200 day simple moving average is $100.53. First Trust Small Cap Core AlphaDEX Fund has a 52-week low of $86.07 and a 52-week high of $111.87. The company has a market cap of $974.77 million, a price-to-earnings ratio of 11.51 and a beta of 1.27.

First Trust Small Cap Core AlphaDEX Fund Announces Dividend

The company also recently announced 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 of this dividend was Friday, December 13th.

First Trust Small Cap Core AlphaDEX Fund Company Profile

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.