First Trust Mid Cap Core AlphaDEX Fund (NASDAQ:FNX) Sees Large Increase in Short Interest

First Trust Mid Cap Core AlphaDEX Fund (NASDAQ:FNX) was the target of a significant increase in short interest during the month of April. As of April 15th, there was short interest totalling 32,500 shares, an increase of 1,931.3% from the March 31st total of 1,600 shares. Based on an average daily volume of 31,400 shares, the short-interest ratio is presently 1.0 days.

First Trust Mid Cap Core AlphaDEX Fund Trading Down 0.7 %

Shares of First Trust Mid Cap Core AlphaDEX Fund stock opened at $107.29 on Friday. The stock has a 50-day moving average price of $108.47 and a 200 day moving average price of $101.12. The company has a market cap of $1.15 billion, a P/E ratio of 12.73 and a beta of 1.20. First Trust Mid Cap Core AlphaDEX Fund has a 1 year low of $85.01 and a 1 year high of $113.75.

First Trust Mid Cap Core AlphaDEX Fund Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 22nd were paid a $0.1685 dividend. The ex-dividend date was Thursday, March 21st.

Institutional Investors Weigh In On First Trust Mid Cap Core AlphaDEX Fund

Hedge funds have recently bought and sold shares of the business. Dorsey Wright & Associates purchased a new stake in First Trust Mid Cap Core AlphaDEX Fund in the 3rd quarter worth about $2,646,000. Private Advisor Group LLC increased its position in First Trust Mid Cap Core AlphaDEX Fund by 5.1% in the 3rd quarter. Private Advisor Group LLC now owns 26,429 shares of the company’s stock worth $2,434,000 after purchasing an additional 1,278 shares during the last quarter. NBC Securities Inc. acquired a new position in First Trust Mid Cap Core AlphaDEX Fund in the 3rd quarter worth about $1,437,000. AlphaMark Advisors LLC increased its position in First Trust Mid Cap Core AlphaDEX Fund by 110.3% in the 3rd quarter. AlphaMark Advisors LLC now owns 13,609 shares of the company’s stock worth $1,253,000 after purchasing an additional 7,139 shares during the last quarter. Finally, American Institute for Advanced Investment Management LLP increased its position in First Trust Mid Cap Core AlphaDEX Fund by 46.9% in the 3rd quarter. American Institute for Advanced Investment Management LLP now owns 7,559 shares of the company’s stock worth $737,000 after purchasing an additional 2,414 shares during the last quarter.

First Trust Mid Cap Core AlphaDEX Fund Company Profile

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.