First Trust Consumer Staples AlphaDEX Fund (NYSEARCA:FXG) Short Interest Up 48.9% in February

First Trust Consumer Staples AlphaDEX Fund (NYSEARCA:FXG) saw a large increase in short interest in the month of February. As of February 27th, there was short interest totaling 16,929 shares, an increase of 48.9% from the February 12th total of 11,373 shares. Based on an average daily volume of 24,339 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.4% of the shares of the company are short sold. Approximately 0.4% of the shares of the company are short sold. Based on an average daily volume of 24,339 shares, the days-to-cover ratio is presently 0.7 days.

Hedge Funds Weigh In On First Trust Consumer Staples AlphaDEX Fund

Several hedge funds have recently bought and sold shares of FXG. Northwestern Mutual Wealth Management Co. increased its holdings in First Trust Consumer Staples AlphaDEX Fund by 12,768.1% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 246,681 shares of the company’s stock worth $14,969,000 after acquiring an additional 244,764 shares during the period. Milestones Private Investment Advisors LLC bought a new position in First Trust Consumer Staples AlphaDEX Fund in the 2nd quarter valued at $3,139,000. Osaic Holdings Inc. boosted its holdings in First Trust Consumer Staples AlphaDEX Fund by 110.1% in the 4th quarter. Osaic Holdings Inc. now owns 52,722 shares of the company’s stock valued at $3,199,000 after purchasing an additional 27,627 shares during the period. Envestnet Asset Management Inc. grew its position in shares of First Trust Consumer Staples AlphaDEX Fund by 217.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 35,746 shares of the company’s stock valued at $2,262,000 after purchasing an additional 24,470 shares in the last quarter. Finally, Navellier & Associates Inc. purchased a new position in shares of First Trust Consumer Staples AlphaDEX Fund during the 4th quarter valued at $1,387,000.

First Trust Consumer Staples AlphaDEX Fund Stock Up 0.1%

FXG stock opened at $64.56 on Monday. The firm has a market capitalization of $248.56 million, a PE ratio of 15.10 and a beta of 0.56. First Trust Consumer Staples AlphaDEX Fund has a twelve month low of $59.67 and a twelve month high of $69.50. The stock has a 50-day simple moving average of $65.65 and a two-hundred day simple moving average of $63.53.

First Trust Consumer Staples AlphaDEX Fund Company Profile

First Trust Consumer Staples 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 Consumer Staples 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.