First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) Sees Large Drop in Short Interest

First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) was the target of a significant decrease in short interest in the month of February. As of February 13th, there was short interest totaling 8,396 shares, a decrease of 48.9% from the January 29th total of 16,431 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 55,183 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 55,183 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the shares of the company are sold short.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in FXR. Northwestern Mutual Wealth Management Co. boosted its position in First Trust Industrials/Producer Durables AlphaDEX Fund by 15.3% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,002 shares of the company’s stock worth $74,000 after purchasing an additional 133 shares in the last quarter. Prosperity Consulting Group LLC raised its stake in shares of First Trust Industrials/Producer Durables AlphaDEX Fund by 1.1% during the 3rd quarter. Prosperity Consulting Group LLC now owns 15,887 shares of the company’s stock worth $1,240,000 after buying an additional 168 shares during the period. Element Wealth LLC lifted its position in shares of First Trust Industrials/Producer Durables AlphaDEX Fund by 1.0% during the 3rd quarter. Element Wealth LLC now owns 19,723 shares of the company’s stock valued at $1,540,000 after buying an additional 192 shares in the last quarter. Claro Advisors LLC grew its stake in First Trust Industrials/Producer Durables AlphaDEX Fund by 4.6% in the 2nd quarter. Claro Advisors LLC now owns 5,096 shares of the company’s stock valued at $378,000 after acquiring an additional 225 shares during the period. Finally, Centaurus Financial Inc. grew its stake in First Trust Industrials/Producer Durables AlphaDEX Fund by 2.8% in the 2nd quarter. Centaurus Financial Inc. now owns 9,427 shares of the company’s stock valued at $700,000 after acquiring an additional 257 shares during the period.

First Trust Industrials/Producer Durables AlphaDEX Fund Price Performance

NYSEARCA FXR opened at $90.57 on Friday. First Trust Industrials/Producer Durables AlphaDEX Fund has a 1 year low of $60.01 and a 1 year high of $92.78. The company has a market capitalization of $801.54 million, a PE ratio of 17.44 and a beta of 1.16. The company has a fifty day moving average of $86.35 and a 200 day moving average of $81.06.

About First Trust Industrials/Producer Durables AlphaDEX Fund

First Trust Industrials/Producer Durables 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 StrataQuant Industrials Index (the Index). The Index is an enhanced index created and administered by the AMEX, which employs the AlphaDEX stock selection methodology to select stocks from the Russell 1000 Index. The AMEX constructs the Index by ranking the stocks, which are members of the Russell 1000 Index on growth factors, including 3, 6 and 12-month price appreciation, sales to price and one year-sales growth, and separately on value factors, including book value to price, cash flow to price and return on assets.