First Trust Energy AlphaDEX Fund (NYSEARCA:FXN) Short Interest Update

First Trust Energy AlphaDEX Fund (NYSEARCA:FXN) saw a large increase in short interest in the month of February. As of February 13th, there was short interest totaling 106,784 shares, an increase of 79.5% from the January 29th total of 59,492 shares. Approximately 0.7% of the company’s shares are short sold. Based on an average daily volume of 777,623 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 777,623 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.7% of the company’s shares are short sold.

First Trust Energy AlphaDEX Fund Stock Performance

FXN stock traded up $0.36 during midday trading on Friday, hitting $20.10. 362,782 shares of the company’s stock were exchanged, compared to its average volume of 717,171. First Trust Energy AlphaDEX Fund has a one year low of $12.55 and a one year high of $20.23. The company has a market cap of $298.49 million, a PE ratio of 10.63 and a beta of 0.88. The stock’s fifty day moving average price is $17.94 and its 200-day moving average price is $16.84.

Institutional Trading of First Trust Energy AlphaDEX Fund

Institutional investors and hedge funds have recently bought and sold shares of the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in shares of First Trust Energy AlphaDEX Fund during the 4th quarter worth approximately $28,000. AlphaCore Capital LLC bought a new position in First Trust Energy AlphaDEX Fund during the fourth quarter worth $31,000. Silver Grove Financial Group Inc. acquired a new position in shares of First Trust Energy AlphaDEX Fund in the fourth quarter valued at $39,000. Sound Income Strategies LLC bought a new position in shares of First Trust Energy AlphaDEX Fund in the fourth quarter valued at about $40,000. Finally, Hazlett Burt & Watson Inc. lifted its stake in shares of First Trust Energy AlphaDEX Fund by 116.0% during the 3rd quarter. Hazlett Burt & Watson Inc. now owns 3,166 shares of the company’s stock worth $50,000 after buying an additional 1,700 shares during the last quarter.

About First Trust Energy AlphaDEX Fund

The First Trust Energy AlphaDEX Fund (FXN) is an exchange-traded fund that is based on the StrataQuant Energy index. The fund tracks an index of large- and mid-cap US energy stocks. The underlying index uses multi-factor selection and tiered equal-weighting. FXN was launched on May 8, 2007 and is managed by First Trust.