First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX) Short Interest Update

First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX) saw a large decline in short interest in the month of October. As of October 15th, there was short interest totalling 6,800 shares, a decline of 22.7% from the September 30th total of 8,800 shares. Based on an average daily volume of 20,300 shares, the short-interest ratio is currently 0.3 days.

First Trust Small Cap Core AlphaDEX Fund Trading Up 0.3 %

Shares of NASDAQ:FYX traded up $0.31 during trading on Wednesday, hitting $99.60. 9,780 shares of the stock were exchanged, compared to its average volume of 24,702. The company has a fifty day moving average price of $98.01 and a two-hundred day moving average price of $94.25. The company has a market cap of $916.33 million, a PE ratio of 11.51 and a beta of 1.27. First Trust Small Cap Core AlphaDEX Fund has a 12-month low of $75.18 and a 12-month high of $101.99.

First Trust Small Cap Core AlphaDEX Fund Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were paid a dividend of $0.516 per share. This is a positive change from First Trust Small Cap Core AlphaDEX Fund’s previous quarterly dividend of $0.37. The ex-dividend date was Thursday, September 26th. This represents a $2.06 annualized dividend and a dividend yield of 2.07%.

Institutional Investors Weigh In On First Trust Small Cap Core AlphaDEX Fund

Several institutional investors have recently modified their holdings of FYX. International Assets Investment Management LLC purchased a new stake in First Trust Small Cap Core AlphaDEX Fund in the 2nd quarter valued at approximately $39,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in First Trust Small Cap Core AlphaDEX Fund in the 2nd quarter valued at approximately $106,000. GAMMA Investing LLC lifted its stake in First Trust Small Cap Core AlphaDEX Fund by 263.0% in the 2nd quarter. GAMMA Investing LLC now owns 1,405 shares of the company’s stock valued at $127,000 after buying an additional 1,018 shares in the last quarter. Kings Path Partners LLC purchased a new stake in First Trust Small Cap Core AlphaDEX Fund in the 2nd quarter valued at approximately $147,000. Finally, J.W. Cole Advisors Inc. purchased a new stake in First Trust Small Cap Core AlphaDEX Fund in the 3rd quarter valued at approximately $206,000.

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.