First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) Short Interest Down 35.6% in August

First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) was the recipient of a significant drop in short interest during the month of August. As of August 14th, there was short interest totaling 25,656 shares, a drop of 35.6% from the July 30th total of 39,868 shares. Currently, 0.3% of the shares of the company are short sold. Based on an average trading volume of 18,208 shares, the short-interest ratio is presently 1.4 days.

First Trust Industrials/Producer Durables AlphaDEX Fund Trading Up 0.9%

NYSEARCA FXR traded up $0.79 during trading on Wednesday, reaching $86.09. The company’s stock had a trading volume of 1,672 shares, compared to its average volume of 50,963. The firm has a 50 day moving average price of $89.50 and a 200 day moving average price of $87.36. First Trust Industrials/Producer Durables AlphaDEX Fund has a 12 month low of $73.08 and a 12 month high of $92.78. The firm has a market capitalization of $718.87 million, a price-to-earnings ratio of 17.44 and a beta of 1.08.

Institutional Trading of First Trust Industrials/Producer Durables AlphaDEX Fund

A number of hedge funds have recently added to or reduced their stakes in the stock. Virtue Capital Management LLC raised its holdings in First Trust Industrials/Producer Durables AlphaDEX Fund by 167.8% in the 4th quarter. Virtue Capital Management LLC now owns 90,812 shares of the company’s stock valued at $7,392,000 after buying an additional 56,905 shares during the last quarter. BNP Paribas Financial Markets bought a new stake in First Trust Industrials/Producer Durables AlphaDEX Fund in the third quarter worth approximately $3,903,000. Arkadios Wealth Advisors raised its holdings in shares of First Trust Industrials/Producer Durables AlphaDEX Fund by 705.6% during the fourth quarter. Arkadios Wealth Advisors now owns 50,075 shares of the company’s stock valued at $3,999,000 after purchasing an additional 43,859 shares during the period. Bank of America Corp DE lifted its holdings in shares of First Trust Industrials/Producer Durables AlphaDEX Fund by 8.8% in the 1st quarter. Bank of America Corp DE now owns 395,475 shares of the company’s stock worth $32,283,000 after purchasing an additional 31,909 shares in the last quarter. Finally, Jane Street Group LLC acquired a new stake in shares of First Trust Industrials/Producer Durables AlphaDEX Fund in the 4th quarter worth about $1,953,000.

First Trust Industrials/Producer Durables AlphaDEX Fund Company Profile

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.