First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX) Short Interest Up 106.4% in August

First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYXGet Free Report) was the target of a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 47,598 shares, a growth of 106.4% from the August 15th total of 23,065 shares. Based on an average trading volume of 37,128 shares, the short-interest ratio is currently 1.3 days. Currently, 0.5% of the company’s shares are sold short.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the stock. Goldman Sachs Group Inc. grew its holdings in First Trust Small Cap Core AlphaDEX Fund by 366.6% in the first quarter. Goldman Sachs Group Inc. now owns 20,641 shares of the company’s stock worth $1,860,000 after purchasing an additional 16,217 shares during the period. Jane Street Group LLC increased its position in First Trust Small Cap Core AlphaDEX Fund by 707.1% in the 1st quarter. Jane Street Group LLC now owns 32,560 shares of the company’s stock valued at $2,933,000 after buying an additional 28,526 shares in the last quarter. Captrust Financial Advisors raised its stake in First Trust Small Cap Core AlphaDEX Fund by 2.5% during the 2nd quarter. Captrust Financial Advisors now owns 6,321 shares of the company’s stock worth $615,000 after buying an additional 157 shares during the period. JPMorgan Chase & Co. raised its stake in First Trust Small Cap Core AlphaDEX Fund by 1.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 43,269 shares of the company’s stock worth $4,716,000 after buying an additional 715 shares during the period. Finally, Cresset Asset Management LLC boosted its holdings in First Trust Small Cap Core AlphaDEX Fund by 5.0% in the third quarter. Cresset Asset Management LLC now owns 2,482 shares of the company’s stock worth $271,000 after acquiring an additional 119 shares in the last quarter.

First Trust Small Cap Core AlphaDEX Fund Stock Performance

Shares of NASDAQ FYX traded down $0.04 during midday trading on Monday, reaching $139.57. The stock had a trading volume of 12,173 shares, compared to its average volume of 32,165. First Trust Small Cap Core AlphaDEX Fund has a twelve month low of $103.42 and a twelve month high of $147.18. The company’s 50 day moving average price is $142.69 and its 200 day moving average price is $134.08. The firm has a market cap of $1.26 billion, a price-to-earnings ratio of 13.79 and a beta of 1.05.

First Trust Small Cap Core AlphaDEX Fund Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were given a dividend of $0.4369 per share. This represents a $1.75 annualized dividend and a dividend yield of 1.3%. The ex-dividend date was Thursday, June 25th. This is a positive change from First Trust Small Cap Core AlphaDEX Fund’s previous quarterly dividend of $0.20.

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

Receive News & Ratings for First Trust Small Cap Core AlphaDEX Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Small Cap Core AlphaDEX Fund and related companies with MarketBeat.com's FREE daily email newsletter.