First Trust Mid Cap Core AlphaDEX Fund (NASDAQ:FNX) Short Interest Update

First Trust Mid Cap Core AlphaDEX Fund (NASDAQ:FNX) was the target of a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 2,300 shares, anincreaseof475.0% from the July 15th total of 400 shares. Approximately0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 20,900 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily trading volume, of 20,900 shares, the days-to-cover ratio is currently 0.1 days. Approximately0.0% of the company’s shares are sold short.

Institutional Trading of First Trust Mid Cap Core AlphaDEX Fund

Several large investors have recently modified their holdings of the stock. Baird Financial Group Inc. increased its stake in First Trust Mid Cap Core AlphaDEX Fund by 7.3% during the 2nd quarter. Baird Financial Group Inc. now owns 176,257 shares of the company’s stock valued at $20,243,000 after purchasing an additional 11,955 shares in the last quarter. Solutions 4 Wealth Ltd increased its stake in First Trust Mid Cap Core AlphaDEX Fund by 4.9% during the 2nd quarter. Solutions 4 Wealth Ltd now owns 22,404 shares of the company’s stock valued at $2,573,000 after purchasing an additional 1,052 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in First Trust Mid Cap Core AlphaDEX Fund by 18.4% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 56,553 shares of the company’s stock valued at $6,495,000 after purchasing an additional 8,805 shares in the last quarter. J.W. Cole Advisors Inc. bought a new stake in First Trust Mid Cap Core AlphaDEX Fund during the 2nd quarter valued at $245,000. Finally, Richmond Investment Services LLC increased its stake in First Trust Mid Cap Core AlphaDEX Fund by 100.1% during the 2nd quarter. Richmond Investment Services LLC now owns 4,178 shares of the company’s stock valued at $480,000 after purchasing an additional 2,090 shares in the last quarter.

First Trust Mid Cap Core AlphaDEX Fund Stock Performance

First Trust Mid Cap Core AlphaDEX Fund stock opened at $120.57 on Friday. First Trust Mid Cap Core AlphaDEX Fund has a 52-week low of $93.19 and a 52-week high of $127.98. The firm has a 50 day moving average price of $116.20 and a two-hundred day moving average price of $112.30. The firm has a market cap of $1.17 billion, a price-to-earnings ratio of 14.19 and a beta of 1.20.

First Trust Mid Cap Core AlphaDEX Fund Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Thursday, June 26th were given a dividend of $0.2671 per share. This is a positive change from First Trust Mid Cap Core AlphaDEX Fund’s previous quarterly dividend of $0.26. The ex-dividend date of this dividend was Thursday, June 26th. This represents a $1.07 annualized dividend and a dividend yield of 0.9%.

About First Trust Mid Cap Core AlphaDEX Fund

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.