First Trust Mid Cap Core AlphaDEX Fund (NASDAQ:FNX) Short Interest Update

First Trust Mid Cap Core AlphaDEX Fund (NASDAQ:FNX) was the target of a large growth in short interest in November. As of November 15th, there was short interest totalling 43,200 shares, a growth of 491.8% from the October 31st total of 7,300 shares. Based on an average trading volume of 19,400 shares, the short-interest ratio is presently 2.2 days.

First Trust Mid Cap Core AlphaDEX Fund Stock Performance

NASDAQ FNX traded down $0.13 on Wednesday, reaching $126.00. 7,856 shares of the stock traded hands, compared to its average volume of 26,085. First Trust Mid Cap Core AlphaDEX Fund has a 12 month low of $92.81 and a 12 month high of $127.98. The company has a fifty day moving average price of $118.69 and a 200-day moving average price of $113.72. The company has a market cap of $1.35 billion, a price-to-earnings ratio of 13.43 and a beta of 1.20.

First Trust Mid Cap Core AlphaDEX Fund Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were paid a $0.4808 dividend. The ex-dividend date of this dividend was Thursday, September 26th. This is a positive change from First Trust Mid Cap Core AlphaDEX Fund’s previous quarterly dividend of $0.44. This represents a $1.92 dividend on an annualized basis and a yield of 1.53%.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. GAMMA Investing LLC bought a new position in shares of First Trust Mid Cap Core AlphaDEX Fund in the 2nd quarter worth $101,000. Larson Financial Group LLC grew its stake in First Trust Mid Cap Core AlphaDEX Fund by 911.8% in the second quarter. Larson Financial Group LLC now owns 1,032 shares of the company’s stock valued at $112,000 after purchasing an additional 930 shares during the last quarter. Ashton Thomas Private Wealth LLC bought a new position in First Trust Mid Cap Core AlphaDEX Fund in the second quarter worth about $177,000. International Assets Investment Management LLC purchased a new stake in shares of First Trust Mid Cap Core AlphaDEX Fund during the second quarter valued at about $193,000. Finally, Schrum Private Wealth Management LLC bought a new stake in shares of First Trust Mid Cap Core AlphaDEX Fund in the 3rd quarter valued at about $249,000.

First Trust Mid Cap Core AlphaDEX Fund Company Profile

The First Trust Mid Cap Core AlphaDEX Fund (FNX) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Mid Cap Core index. The fund tracks a tiered equal-weighted index of US mid-cap equities selected using both growth and value screens. FNX was launched on May 8, 2007 and is managed by First Trust.