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

First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX – Get Rating) was the recipient of a large decline in short interest in June. As of June 15th, there was short interest totalling 1,500 shares, a decline of 57.1% from the May 31st total of 3,500 shares. Based on an average daily volume of 58,000 shares, the days-to-cover ratio is presently 0.0 days.

Several institutional investors and hedge funds have recently modified their holdings of FYX. Janney Montgomery Scott LLC raised its holdings in First Trust Small Cap Core AlphaDEX Fund by 11.6% in the 4th quarter. Janney Montgomery Scott LLC now owns 177,052 shares of the company’s stock worth $17,185,000 after acquiring an additional 18,445 shares during the last quarter. LVZ Inc. raised its holdings in First Trust Small Cap Core AlphaDEX Fund by 10.7% in the 4th quarter. LVZ Inc. now owns 20,614 shares of the company’s stock worth $2,001,000 after acquiring an additional 1,988 shares during the last quarter. AE Wealth Management LLC purchased a new position in First Trust Small Cap Core AlphaDEX Fund in the 4th quarter worth approximately $434,000. Dorsey Wright & Associates raised its holdings in First Trust Small Cap Core AlphaDEX Fund by 1.7% in the 4th quarter. Dorsey Wright & Associates now owns 31,543 shares of the company’s stock worth $3,062,000 after acquiring an additional 526 shares during the last quarter. Finally, Virtue Capital Management LLC purchased a new position in First Trust Small Cap Core AlphaDEX Fund in the 4th quarter worth approximately $1,085,000.

Shares of FYX traded down $0.09 during mid-day trading on Friday, reaching $76.56. The company had a trading volume of 301 shares, compared to its average volume of 61,036. The firm has a 50-day moving average price of $81.98 and a 200 day moving average price of $88.35. First Trust Small Cap Core AlphaDEX Fund has a 52 week low of $74.30 and a 52 week high of $101.96.

The business also recently declared a quarterly dividend, which was paid on Thursday, June 30th. Stockholders of record on Monday, June 27th were given a $0.156 dividend. This is a boost from First Trust Small Cap Core AlphaDEX Fund’s previous quarterly dividend of $0.11. This represents a $0.62 dividend on an annualized basis and a dividend yield of 0.82%. The ex-dividend date of this dividend was Friday, June 24th.

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