First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) Short Interest Update

First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) was the target of a significant growth in short interest in May. As of May 29th, there was short interest totaling 18,054 shares, a growth of 581.0% from the May 14th total of 2,651 shares. Based on an average daily trading volume, of 19,107 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.2% of the company’s stock are sold short.

First Trust Industrials/Producer Durables AlphaDEX Fund Stock Performance

Shares of FXR stock traded up $2.88 on Thursday, reaching $87.32. 22,682 shares of the company’s stock traded hands, compared to its average volume of 61,088. First Trust Industrials/Producer Durables AlphaDEX Fund has a 12-month low of $71.27 and a 12-month high of $92.78. The company has a market capitalization of $698.56 million, a P/E ratio of 17.44 and a beta of 1.08. The business’s 50 day moving average price is $86.09 and its two-hundred day moving average price is $84.82.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Providence Capital Advisors LLC purchased a new position in shares of First Trust Industrials/Producer Durables AlphaDEX Fund during the 3rd quarter valued at $30,000. Ameriflex Group Inc. purchased a new position in shares of First Trust Industrials/Producer Durables AlphaDEX Fund during the 3rd quarter valued at $40,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in First Trust Industrials/Producer Durables AlphaDEX Fund in the fourth quarter valued at about $57,000. Hilton Head Capital Partners LLC purchased a new position in First Trust Industrials/Producer Durables AlphaDEX Fund in the fourth quarter valued at about $61,000. Finally, Northwestern Mutual Wealth Management Co. grew its stake in First Trust Industrials/Producer Durables AlphaDEX Fund by 15.3% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,002 shares of the company’s stock valued at $74,000 after purchasing an additional 133 shares in the last quarter.

About First Trust Industrials/Producer Durables AlphaDEX Fund

First Trust Industrials/Producer Durables AlphaDEX Fund (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield of an equity index called the StrataQuant Industrials Index (the Index). The Index is an enhanced index created and administered by the AMEX, which employs the AlphaDEX stock selection methodology to select stocks from the Russell 1000 Index. The AMEX constructs the Index by ranking the stocks, which are members of the Russell 1000 Index on growth factors, including 3, 6 and 12-month price appreciation, sales to price and one year-sales growth, and separately on value factors, including book value to price, cash flow to price and return on assets.