First Trust Small Cap Value AlphaDEX Fund (NASDAQ:FYT) Stock Short Interest Report for October

First Trust Small Cap Value AlphaDEX Fund (NASDAQ:FYT) was the target of a significant decline in short interest in the month of October. As of October 30th, there was short interest totaling 2,844 shares, a decline of 78.1% from the October 15th total of 12,995 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 16,273 shares, the short-interest ratio is currently 0.2 days.

First Trust Small Cap Value AlphaDEX Fund Price Performance

Shares of FYT stock opened at $71.05 on Thursday. First Trust Small Cap Value AlphaDEX Fund has a 12-month low of $52.47 and a 12-month high of $73.77. The firm has a market capitalization of $177.63 million, a price-to-earnings ratio of 10.97 and a beta of 1.00. The business has a 50 day simple moving average of $69.38 and a 200 day simple moving average of $67.25.

First Trust Small Cap Value AlphaDEX Fund Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Thursday, September 24th were given a dividend of $0.4655 per share. This is a positive change from First Trust Small Cap Value AlphaDEX Fund’s previous quarterly dividend of $0.2980. The ex-dividend date was Thursday, September 24th. This represents a $1.86 dividend on an annualized basis and a dividend yield of 2.6%.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of FYT. Roman Butler Fullerton & Co. acquired a new position in First Trust Small Cap Value AlphaDEX Fund in the third quarter worth approximately $3,359,000. Commonwealth Equity Services LLC acquired a new position in shares of First Trust Small Cap Value AlphaDEX Fund in the third quarter worth about $2,891,000. Nwam LLC purchased a new position in shares of First Trust Small Cap Value AlphaDEX Fund in the first quarter worth approximately $1,241,000. Kestra Advisory Services LLC grew its position in First Trust Small Cap Value AlphaDEX Fund by 120.6% during the 3rd quarter. Kestra Advisory Services LLC now owns 34,670 shares of the company’s stock worth $2,318,000 after purchasing an additional 18,956 shares in the last quarter. Finally, Gateway Wealth Partners LLC grew its holdings in shares of First Trust Small Cap Value AlphaDEX Fund by 102.8% during the first quarter. Gateway Wealth Partners LLC now owns 24,628 shares of the company’s stock valued at $1,522,000 after buying an additional 12,487 shares in the last quarter.

First Trust Small Cap Value AlphaDEX Fund Company Profile

The First Trust Small Cap Value AlphaDEX Fund (FYT) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Small Cap Value index. The fund tracks an index of securities pulled from the NASDAQ US 700 Small Cap Index that are rescreened and weighted based on a tiered process. FYT was launched on Apr 18, 2011 and is managed by First Trust.