Short Interest in First Trust Multi Cap Value AlphaDEX Fund (NASDAQ:FAB) Drops By 57.0%

Posted by on Jun 29th, 2026

First Trust Multi Cap Value AlphaDEX Fund (NASDAQ:FAB – Get Free Report) was the recipient of a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 34 shares, a decline of 57.0% from the May 31st total of 79 shares. Based on an average daily volume of 1,204 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

First Trust Multi Cap Value AlphaDEX Fund Stock Performance

Shares of NASDAQ FAB opened at $102.14 on Monday. The company has a market capitalization of $143.00 million, a PE ratio of 11.94 and a beta of 0.88. The company’s fifty day moving average price is $98.71 and its 200 day moving average price is $95.66. First Trust Multi Cap Value AlphaDEX Fund has a 1 year low of $80.81 and a 1 year high of $102.34.

First Trust Multi Cap Value AlphaDEX Fund Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th will be given a $0.3468 dividend. The ex-dividend date is Thursday, June 25th. This represents a $1.39 dividend on an annualized basis and a dividend yield of 1.4%.

Institutional Investors Weigh In On First Trust Multi Cap Value AlphaDEX Fund

A number of institutional investors have recently modified their holdings of FAB. Jones Financial Companies Lllp raised its holdings in First Trust Multi Cap Value AlphaDEX Fund by 206.2% in the 1st quarter. Jones Financial Companies Lllp now owns 7,848 shares of the company’s stock worth $624,000 after purchasing an additional 5,285 shares during the period. Northwestern Mutual Wealth Management Co. grew its holdings in First Trust Multi Cap Value AlphaDEX Fund by 29.8% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,394 shares of the company’s stock valued at $113,000 after purchasing an additional 320 shares during the period. Raymond James Financial Inc. increased its position in shares of First Trust Multi Cap Value AlphaDEX Fund by 3.4% in the second quarter. Raymond James Financial Inc. now owns 61,711 shares of the company’s stock valued at $5,015,000 after buying an additional 2,053 shares in the last quarter. Geneos Wealth Management Inc. increased its position in shares of First Trust Multi Cap Value AlphaDEX Fund by 155.3% in the second quarter. Geneos Wealth Management Inc. now owns 628 shares of the company’s stock valued at $51,000 after buying an additional 382 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its stake in shares of First Trust Multi Cap Value AlphaDEX Fund by 6.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 5,441 shares of the company’s stock worth $475,000 after buying an additional 309 shares during the period.

First Trust Multi Cap Value AlphaDEX Fund Company Profile

(Get Free Report)

The First Trust Multi Cap Value AlphaDEX Fund (FAB) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Multi Cap Value index. The fund tracks an index that uses fundamental factors to select and weight value stocks from the Nasdaq US Select Indices. FAB was launched on May 8, 2007 and is managed by First Trust.

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