Short Interest in First Trust Multi Cap Value AlphaDEX Fund (NASDAQ:FAB) Decreases By 85.7%

First Trust Multi Cap Value AlphaDEX Fund (NASDAQ:FAB) saw a large decrease in short interest during the month of November. As of November 30th, there was short interest totalling 100 shares, a decrease of 85.7% from the November 15th total of 700 shares. Based on an average trading volume of 3,200 shares, the short-interest ratio is presently 0.0 days.

First Trust Multi Cap Value AlphaDEX Fund Trading Down 0.7 %

Shares of FAB traded down $0.61 on Thursday, reaching $86.57. The company’s stock had a trading volume of 3,941 shares, compared to its average volume of 4,878. First Trust Multi Cap Value AlphaDEX Fund has a twelve month low of $73.85 and a twelve month high of $90.30. The stock has a market capitalization of $142.84 million, a PE ratio of 11.93 and a beta of 1.22. The firm has a fifty day moving average of $85.99 and a 200-day moving average of $82.95.

First Trust Multi Cap Value AlphaDEX Fund Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were issued a $0.4468 dividend. This represents a $1.79 dividend on an annualized basis and a dividend yield of 2.06%. The ex-dividend date of this dividend was Thursday, September 26th. This is a positive change from First Trust Multi Cap Value AlphaDEX Fund’s previous quarterly dividend of $0.38.

Institutional Investors Weigh In On First Trust Multi Cap Value AlphaDEX Fund

A number of institutional investors and hedge funds have recently made changes to their positions in the business. International Assets Investment Management LLC grew its position in First Trust Multi Cap Value AlphaDEX Fund by 8,348.9% in the 3rd quarter. International Assets Investment Management LLC now owns 66,493 shares of the company’s stock worth $5,618,000 after purchasing an additional 65,706 shares in the last quarter. Proactive Wealth Strategies LLC bought a new stake in First Trust Multi Cap Value AlphaDEX Fund in the 3rd quarter worth about $669,000. Virtu Financial LLC grew its position in First Trust Multi Cap Value AlphaDEX Fund by 218.9% in the 3rd quarter. Virtu Financial LLC now owns 8,454 shares of the company’s stock worth $714,000 after purchasing an additional 5,803 shares in the last quarter. PFG Investments LLC bought a new stake in First Trust Multi Cap Value AlphaDEX Fund in the 2nd quarter worth about $356,000. Finally, Raymond James Trust N.A. grew its position in First Trust Multi Cap Value AlphaDEX Fund by 14.3% in the 2nd quarter. Raymond James Trust N.A. now owns 2,775 shares of the company’s stock worth $219,000 after purchasing an additional 347 shares in the last quarter.

About First Trust Multi Cap Value AlphaDEX Fund

The First Trust Multi Cap Value AlphaDEX Fund (FAB) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Multi Cap Value index. The fund tracks an index that uses fundamental factors to select and weight value stocks from the Nasdaq US Select Indices. FAB was launched on May 8, 2007 and is managed by First Trust.