Short Interest in First Trust Multi Cap Growth AlphaDEX Fund (NASDAQ:FAD) Decreases By 99.2%

First Trust Multi Cap Growth AlphaDEX Fund (NASDAQ:FADGet Rating) saw a significant decline in short interest in the month of August. As of August 31st, there was short interest totalling 200 shares, a decline of 99.2% from the August 15th total of 24,600 shares. Based on an average daily trading volume, of 7,100 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Trading of First Trust Multi Cap Growth AlphaDEX Fund

A number of large investors have recently made changes to their positions in the stock. Confluence Wealth Services Inc. bought a new stake in shares of First Trust Multi Cap Growth AlphaDEX Fund in the fourth quarter valued at about $29,000. Apeiron RIA LLC raised its holdings in First Trust Multi Cap Growth AlphaDEX Fund by 7.1% in the second quarter. Apeiron RIA LLC now owns 5,889 shares of the company’s stock worth $59,000 after purchasing an additional 392 shares in the last quarter. Nwam LLC bought a new position in First Trust Multi Cap Growth AlphaDEX Fund in the fourth quarter worth about $220,000. Janney Montgomery Scott LLC raised its holdings in First Trust Multi Cap Growth AlphaDEX Fund by 3.9% in the second quarter. Janney Montgomery Scott LLC now owns 2,890 shares of the company’s stock worth $270,000 after purchasing an additional 109 shares in the last quarter. Finally, Papp L Roy & Associates bought a new position in First Trust Multi Cap Growth AlphaDEX Fund in the second quarter worth about $292,000.

First Trust Multi Cap Growth AlphaDEX Fund Stock Down 3.8 %

NASDAQ FAD opened at $98.69 on Wednesday. The company has a fifty day moving average of $99.53 and a two-hundred day moving average of $101.60. First Trust Multi Cap Growth AlphaDEX Fund has a 52 week low of $88.77 and a 52 week high of $131.48.

First Trust Multi Cap Growth AlphaDEX Fund Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, June 30th. Stockholders of record on Monday, June 27th were paid a dividend of $0.102 per share. This is a positive change from First Trust Multi Cap Growth AlphaDEX Fund’s previous quarterly dividend of $0.06. This represents a $0.41 dividend on an annualized basis and a dividend yield of 0.41%. The ex-dividend date was Friday, June 24th.

First Trust Multi Cap Growth AlphaDEX Fund Company Profile

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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.

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