First Trust Germany AlphaDEX Fund (NASDAQ:FGM) Short Interest Update

First Trust Germany AlphaDEX Fund (NASDAQ:FGM) saw a large increase in short interest in February. As of February 13th, there was short interest totaling 226,769 shares, an increase of 11,238.5% from the January 29th total of 2,000 shares. Approximately 16.8% of the shares of the stock are short sold. Based on an average trading volume of 44,765 shares, the days-to-cover ratio is presently 5.1 days. Based on an average trading volume of 44,765 shares, the days-to-cover ratio is presently 5.1 days. Approximately 16.8% of the shares of the stock are short sold.

First Trust Germany AlphaDEX Fund Stock Up 1.2%

FGM opened at $69.74 on Thursday. The firm’s fifty day simple moving average is $66.07 and its two-hundred day simple moving average is $61.05. First Trust Germany AlphaDEX Fund has a 52-week low of $40.61 and a 52-week high of $71.12. The company has a market cap of $94.15 million, a price-to-earnings ratio of 13.97 and a beta of 0.99.

First Trust Germany AlphaDEX Fund Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were paid a $0.0392 dividend. The ex-dividend date of this dividend was Friday, December 12th. This represents a $0.16 dividend on an annualized basis and a yield of 0.2%.

Institutional Investors Weigh In On First Trust Germany AlphaDEX Fund

Several large investors have recently bought and sold shares of FGM. First Trust Advisors LP boosted its stake in shares of First Trust Germany AlphaDEX Fund by 2.1% in the fourth quarter. First Trust Advisors LP now owns 606,253 shares of the company’s stock worth $37,807,000 after acquiring an additional 12,750 shares during the last quarter. Kestra Advisory Services LLC lifted its holdings in First Trust Germany AlphaDEX Fund by 0.5% in the 4th quarter. Kestra Advisory Services LLC now owns 54,475 shares of the company’s stock valued at $3,397,000 after purchasing an additional 269 shares in the last quarter. &PARTNERS acquired a new stake in First Trust Germany AlphaDEX Fund during the 4th quarter worth $3,077,000. Genesee Capital Advisors LLC purchased a new stake in shares of First Trust Germany AlphaDEX Fund during the fourth quarter worth $635,000. Finally, Cottonwood Capital Advisors LLC raised its position in shares of First Trust Germany AlphaDEX Fund by 20.3% in the fourth quarter. Cottonwood Capital Advisors LLC now owns 19,079 shares of the company’s stock valued at $1,190,000 after buying an additional 3,215 shares during the last quarter.

First Trust Germany AlphaDEX Fund Company Profile

The First Trust Germany AlphaDEX Fund (FGM) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Germany index. The fund tracks a tiered equal-weighted index of 40 companies selected from the S&P Germany BMI based on the S&P’s AlphaDex selection methodology. FGM was launched on Feb 14, 2012 and is managed by First Trust.