First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX) Short Interest Down 54.4% in June

First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYXGet Free Report) was the target of a large decline in short interest in the month of June. As of June 30th, there was short interest totaling 15,358 shares, a decline of 54.4% from the June 15th total of 33,664 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 28,115 shares, the short-interest ratio is presently 0.5 days.

First Trust Small Cap Core AlphaDEX Fund Price Performance

First Trust Small Cap Core AlphaDEX Fund stock traded down $0.14 during trading hours on Tuesday, hitting $140.66. The company had a trading volume of 3,203 shares, compared to its average volume of 32,700. The firm has a 50-day moving average of $136.52 and a 200 day moving average of $127.07. The firm has a market cap of $1.34 billion, a PE ratio of 13.79 and a beta of 1.05. First Trust Small Cap Core AlphaDEX Fund has a one year low of $95.31 and a one year high of $145.45.

First Trust Small Cap Core AlphaDEX Fund Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Thursday, June 25th were given a $0.4369 dividend. The ex-dividend date of this dividend was Thursday, June 25th. This is a positive change from First Trust Small Cap Core AlphaDEX Fund’s previous quarterly dividend of $0.20. This represents a $1.75 annualized dividend and a dividend yield of 1.2%.

Hedge Funds Weigh In On First Trust Small Cap Core AlphaDEX Fund

A number of large investors have recently made changes to their positions in FYX. Royal Bank of Canada lifted its holdings in First Trust Small Cap Core AlphaDEX Fund by 17.2% during the 1st quarter. Royal Bank of Canada now owns 708,400 shares of the company’s stock worth $84,550,000 after purchasing an additional 103,921 shares during the last quarter. Morgan Stanley grew its holdings in First Trust Small Cap Core AlphaDEX Fund by 6.8% in the 4th quarter. Morgan Stanley now owns 667,395 shares of the company’s stock valued at $75,510,000 after buying an additional 42,502 shares in the last quarter. UBS Group AG grew its holdings in First Trust Small Cap Core AlphaDEX Fund by 35.7% in the 3rd quarter. UBS Group AG now owns 291,171 shares of the company’s stock valued at $31,732,000 after buying an additional 76,615 shares in the last quarter. Janney Montgomery Scott LLC grew its holdings in First Trust Small Cap Core AlphaDEX Fund by 6.1% in the 1st quarter. Janney Montgomery Scott LLC now owns 253,525 shares of the company’s stock valued at $30,259,000 after buying an additional 14,562 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its position in First Trust Small Cap Core AlphaDEX Fund by 17.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 103,303 shares of the company’s stock worth $11,688,000 after buying an additional 15,162 shares during the period.

First Trust Small Cap Core AlphaDEX Fund Company Profile

(Get Free Report)

The First Trust Small Cap Core AlphaDEX Fund (FYX) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Small Cap Core index. The fund tracks an index of small-cap stocks selected based on quantitatively driven growth and value factors. FYX was launched on May 8, 2007 and is managed by First Trust.

Further Reading

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