First Trust Multi Cap Growth AlphaDEX Fund (NASDAQ:FAD) Sees Significant Growth in Short Interest

Posted by Stanley Muller on Sep 15th, 2026

First Trust Multi Cap Growth AlphaDEX Fund (NASDAQ:FAD – Get Free Report) saw a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 39,594 shares, a growth of 162.6% from the August 15th total of 15,079 shares. Approximately 1.3% of the company’s stock are short sold. Based on an average daily trading volume, of 9,994 shares, the short-interest ratio is currently 4.0 days.

First Trust Multi Cap Growth AlphaDEX Fund Stock Down 0.7%

Shares of First Trust Multi Cap Growth AlphaDEX Fund stock traded down $1.25 on Tuesday, hitting $178.80. 1,352 shares of the company traded hands, compared to its average volume of 13,105. First Trust Multi Cap Growth AlphaDEX Fund has a 12-month low of $150.01 and a 12-month high of $200.22. The company has a market cap of $547.12 million, a PE ratio of 25.26 and a beta of 1.16. The company has a 50-day moving average price of $186.93 and a 200 day moving average price of $180.53.

First Trust Multi Cap Growth AlphaDEX Fund Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Thursday, June 25th were given a $0.0711 dividend. This represents a $0.28 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend was Thursday, June 25th. This is an increase from First Trust Multi Cap Growth AlphaDEX Fund’s previous quarterly dividend of $0.02.

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

A number of hedge funds and other institutional investors have recently made changes to their positions in FAD. Cullen Frost Bankers Inc. bought a new position in First Trust Multi Cap Growth AlphaDEX Fund during the fourth quarter valued at about $58,000. Advocate Investing Services LLC increased its holdings in shares of First Trust Multi Cap Growth AlphaDEX Fund by 223.9% during the 1st quarter. Advocate Investing Services LLC now owns 434 shares of the company’s stock valued at $69,000 after acquiring an additional 300 shares during the last quarter. Western Wealth Management LLC bought a new position in shares of First Trust Multi Cap Growth AlphaDEX Fund in the 1st quarter valued at approximately $82,000. Rockefeller Capital Management L.P. raised its stake in shares of First Trust Multi Cap Growth AlphaDEX Fund by 66.8% in the 4th quarter. Rockefeller Capital Management L.P. now owns 834 shares of the company’s stock valued at $135,000 after acquiring an additional 334 shares in the last quarter. Finally, Serenity Investment Advisors acquired a new stake in First Trust Multi Cap Growth AlphaDEX Fund in the 1st quarter worth approximately $173,000.

First Trust Multi Cap Growth AlphaDEX Fund Company Profile

(Get Free Report)

First Trust Multi Cap Growth AlphaDEX Fund (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield of an equity index called the Defined Multi Cap Growth Index (the Index). The Index is an enhanced index created and administered by Standard & Poor’s, which selects stocks from the S&P Composite 1500/Citigroup Growth Index. Standard & Poor’s constructs the Index by employing the AlphaDEX stock selection methodology to rank the stocks from the three component indices that comprise the S&P Composite 1500/Citigroup Growth Index, which are the S&P 500/Citigroup Growth Index, the S&P MidCap 400/Citigroup Growth Index and the S&P SmallCap 600/Citigroup Growth Index.