Short Interest in First Trust Mid Cap Core AlphaDEX Fund (NASDAQ:FNX) Declines By 51.3%

Posted by Francis Steltz on Jul 16th, 2026

First Trust Mid Cap Core AlphaDEX Fund (NASDAQ:FNX – Get Free Report) saw a large decline in short interest in the month of June. As of June 30th, there was short interest totaling 10,900 shares, a decline of 51.3% from the June 15th total of 22,383 shares. Based on an average trading volume of 21,276 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.1% of the shares of the company are short sold.

First Trust Mid Cap Core AlphaDEX Fund Price Performance

Shares of FNX traded up $1.02 during trading hours on Thursday, reaching $144.16. 16,920 shares of the company’s stock traded hands, compared to its average volume of 25,983. The firm has a market capitalization of $1.39 billion, a price-to-earnings ratio of 14.19 and a beta of 1.05. First Trust Mid Cap Core AlphaDEX Fund has a twelve month low of $113.65 and a twelve month high of $146.75. The business’s fifty day simple moving average is $141.24 and its two-hundred day simple moving average is $135.89.

First Trust Mid Cap Core AlphaDEX Fund Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were given a $0.266 dividend. This represents a $1.06 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date was Thursday, June 25th.

Institutional Trading of First Trust Mid Cap Core AlphaDEX Fund

Hedge funds and other institutional investors have recently made changes to their positions in the stock. World Equity Group Inc. lifted its stake in shares of First Trust Mid Cap Core AlphaDEX Fund by 11.9% in the 2nd quarter. World Equity Group Inc. now owns 4,334 shares of the company’s stock worth $634,000 after acquiring an additional 462 shares during the period. Boston Standard Wealth Management LLC bought a new stake in First Trust Mid Cap Core AlphaDEX Fund during the second quarter worth approximately $204,000. NewEdge Advisors LLC lifted its position in First Trust Mid Cap Core AlphaDEX Fund by 4.1% in the first quarter. NewEdge Advisors LLC now owns 11,156 shares of the company’s stock worth $1,431,000 after purchasing an additional 440 shares during the period. Western Wealth Management LLC lifted its position in First Trust Mid Cap Core AlphaDEX Fund by 2.4% in the first quarter. Western Wealth Management LLC now owns 37,693 shares of the company’s stock worth $4,834,000 after purchasing an additional 873 shares during the period. Finally, Bank of America Corp DE boosted its stake in First Trust Mid Cap Core AlphaDEX Fund by 57.0% during the 1st quarter. Bank of America Corp DE now owns 205,567 shares of the company’s stock valued at $26,362,000 after purchasing an additional 74,594 shares in the last quarter.

About First Trust Mid Cap Core AlphaDEX Fund

(Get Free Report)

The First Trust Mid Cap Core AlphaDEX Fund (FNX) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Mid Cap Core index. The fund tracks a tiered equal-weighted index of US mid-cap equities selected using both growth and value screens. FNX was launched on May 8, 2007 and is managed by First Trust.