Short Interest in First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX) Rises By 57.0%

First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX) was the target of a significant increase in short interest during the month of December. As of December 15th, there was short interest totaling 3,986 shares, an increase of 57.0% from the November 30th total of 2,539 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 12,546 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily trading volume, of 12,546 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.0% of the company’s stock are sold short.

First Trust Small Cap Core AlphaDEX Fund Stock Down 0.4%

Shares of First Trust Small Cap Core AlphaDEX Fund stock opened at $115.00 on Monday. The company has a market cap of $943 million, a P/E ratio of 13.79 and a beta of 1.14. The firm’s 50 day moving average price is $111.40 and its 200-day moving average price is $106.19. First Trust Small Cap Core AlphaDEX Fund has a 52-week low of $77.66 and a 52-week high of $118.07.

First Trust Small Cap Core AlphaDEX Fund Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Friday, December 12th will be given a $0.3713 dividend. This represents a $1.49 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend is Friday, December 12th. This is an increase from First Trust Small Cap Core AlphaDEX Fund’s previous quarterly dividend of $0.27.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of FYX. Keystone Financial Group lifted its stake in shares of First Trust Small Cap Core AlphaDEX Fund by 10.6% during the third quarter. Keystone Financial Group now owns 14,889 shares of the company’s stock worth $1,623,000 after buying an additional 1,428 shares during the period. Triumph Capital Management raised its stake in First Trust Small Cap Core AlphaDEX Fund by 45.6% in the 3rd quarter. Triumph Capital Management now owns 12,414 shares of the company’s stock worth $1,353,000 after acquiring an additional 3,888 shares during the last quarter. Susquehanna International Group LLP purchased a new position in First Trust Small Cap Core AlphaDEX Fund in the 3rd quarter worth $1,883,000. Mariner LLC lifted its position in First Trust Small Cap Core AlphaDEX Fund by 4.4% during the 3rd quarter. Mariner LLC now owns 3,672 shares of the company’s stock worth $400,000 after acquiring an additional 154 shares during the period. Finally, Integrated Wealth Concepts LLC grew its stake in First Trust Small Cap Core AlphaDEX Fund by 48.6% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 14,267 shares of the company’s stock valued at $1,555,000 after purchasing an additional 4,666 shares during the last quarter.

About First Trust Small Cap Core AlphaDEX Fund

The First Trust Small Cap Core AlphaDEX Fund (FYX) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Small Cap Core index. The fund tracks an index of small-cap stocks selected based on quantitatively driven growth and value factors. FYX was launched on May 8, 2007 and is managed by First Trust.