First Trust Consumer Staples AlphaDEX Fund (NYSEARCA:FXG) Short Interest Down 24.8% in February

First Trust Consumer Staples AlphaDEX Fund (NYSEARCA:FXG) was the target of a large decrease in short interest in the month of February. As of February 13th, there was short interest totaling 11,373 shares, a decrease of 24.8% from the January 29th total of 15,128 shares. Based on an average daily trading volume, of 32,249 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.3% of the company’s stock are short sold. Currently, 0.3% of the company’s stock are short sold. Based on an average daily trading volume, of 32,249 shares, the days-to-cover ratio is currently 0.4 days.

First Trust Consumer Staples AlphaDEX Fund Stock Performance

First Trust Consumer Staples AlphaDEX Fund stock traded down $0.54 during mid-day trading on Monday, reaching $68.84. The stock had a trading volume of 25,280 shares, compared to its average volume of 36,505. The firm has a market capitalization of $265.03 million, a PE ratio of 15.10 and a beta of 0.56. First Trust Consumer Staples AlphaDEX Fund has a fifty-two week low of $59.67 and a fifty-two week high of $69.50. The stock’s 50-day simple moving average is $64.60 and its 200-day simple moving average is $63.45.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of FXG. Northwestern Mutual Wealth Management Co. lifted its stake in shares of First Trust Consumer Staples AlphaDEX Fund by 12,768.1% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 246,681 shares of the company’s stock valued at $14,969,000 after buying an additional 244,764 shares in the last quarter. Vestmark Advisory Solutions Inc. acquired a new stake in shares of First Trust Consumer Staples AlphaDEX Fund in the 2nd quarter worth about $12,496,000. Bank of America Corp DE lifted its position in First Trust Consumer Staples AlphaDEX Fund by 5.3% in the 3rd quarter. Bank of America Corp DE now owns 85,842 shares of the company’s stock valued at $5,380,000 after acquiring an additional 4,314 shares in the last quarter. Independent Advisor Alliance boosted its stake in First Trust Consumer Staples AlphaDEX Fund by 9.4% during the 4th quarter. Independent Advisor Alliance now owns 83,822 shares of the company’s stock valued at $5,086,000 after purchasing an additional 7,208 shares during the last quarter. Finally, Royal Bank of Canada boosted its position in shares of First Trust Consumer Staples AlphaDEX Fund by 10.7% during the fourth quarter. Royal Bank of Canada now owns 62,431 shares of the company’s stock valued at $3,788,000 after buying an additional 6,040 shares during the last quarter.

About First Trust Consumer Staples AlphaDEX Fund

First Trust Consumer Staples 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 Consumer Staples 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.