First Trust Germany AlphaDEX Fund (NASDAQ:FGM) Short Interest Up 19.3% in December

First Trust Germany AlphaDEX Fund (NASDAQ:FGM) was the recipient of a significant increase in short interest in the month of December. As of December 31st, there was short interest totaling 8,925 shares, an increase of 19.3% from the December 15th total of 7,480 shares. Based on an average trading volume of 9,268 shares, the short-interest ratio is presently 1.0 days. Approximately 0.7% of the company’s shares are short sold. Approximately 0.7% of the company’s shares are short sold. Based on an average trading volume of 9,268 shares, the short-interest ratio is presently 1.0 days.

First Trust Germany AlphaDEX Fund Trading Down 0.1%

NASDAQ:FGM traded down $0.04 on Monday, hitting $65.41. 2,135 shares of the stock were exchanged, compared to its average volume of 18,840. The stock has a fifty day moving average of $61.08 and a 200-day moving average of $58.79. The stock has a market cap of $85.03 million, a PE ratio of 13.97 and a beta of 0.99. First Trust Germany AlphaDEX Fund has a fifty-two week low of $39.63 and a fifty-two week high of $66.00.

First Trust Germany AlphaDEX Fund Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were issued a $0.0392 dividend. The ex-dividend date was Friday, December 12th. This represents a $0.16 annualized dividend and a yield of 0.2%.

Institutional Investors Weigh In On First Trust Germany AlphaDEX Fund

Large investors have recently made changes to their positions in the business. Genesee Capital Advisors LLC purchased a new position in shares of First Trust Germany AlphaDEX Fund in the 4th quarter valued at $635,000. Cottonwood Capital Advisors LLC increased its holdings in First Trust Germany AlphaDEX Fund by 20.3% in the 4th quarter. Cottonwood Capital Advisors LLC now owns 19,079 shares of the company’s stock valued at $1,190,000 after purchasing an additional 3,215 shares in the last quarter. Arlington Capital Management Inc. raised its position in First Trust Germany AlphaDEX Fund by 64.0% in the fourth quarter. Arlington Capital Management Inc. now owns 84,859 shares of the company’s stock valued at $5,292,000 after purchasing an additional 33,118 shares during the period. Advisory Services Network LLC purchased a new position in First Trust Germany AlphaDEX Fund in the third quarter valued at about $57,000. Finally, Raymond James Financial Inc. lifted its stake in shares of First Trust Germany AlphaDEX Fund by 15.3% during the third quarter. Raymond James Financial Inc. now owns 12,808 shares of the company’s stock worth $753,000 after purchasing an additional 1,703 shares in the last quarter.

About First Trust Germany AlphaDEX Fund

The First Trust Germany AlphaDEX Fund (FGM) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Germany index. The fund tracks a tiered equal-weighted index of 40 companies selected from the S&P Germany BMI based on the S&P’s AlphaDex selection methodology. FGM was launched on Feb 14, 2012 and is managed by First Trust.