First Trust Small Cap Growth AlphaDEX Fund (NASDAQ:FYC) Short Interest Update

First Trust Small Cap Growth AlphaDEX Fund (NASDAQ:FYC) was the recipient of a significant decline in short interest in the month of March. As of March 31st, there was short interest totalling 15,400 shares, a decline of 29.7% from the March 15th total of 21,900 shares. Approximately 0.3% of the company’s shares are short sold. Based on an average trading volume of 51,800 shares, the short-interest ratio is presently 0.3 days.

First Trust Small Cap Growth AlphaDEX Fund Trading Up 0.9 %

Shares of First Trust Small Cap Growth AlphaDEX Fund stock traded up $0.59 during trading hours on Friday, reaching $65.85. The stock had a trading volume of 17,906 shares, compared to its average volume of 33,233. First Trust Small Cap Growth AlphaDEX Fund has a 1 year low of $59.29 and a 1 year high of $85.01. The firm has a market capitalization of $375.35 million, a price-to-earnings ratio of 15.68 and a beta of 1.19. The firm has a 50 day simple moving average of $70.70 and a two-hundred day simple moving average of $75.96.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the business. JPMorgan Chase & Co. purchased a new position in shares of First Trust Small Cap Growth AlphaDEX Fund in the 4th quarter valued at $31,000. Concourse Financial Group Securities Inc. purchased a new stake in shares of First Trust Small Cap Growth AlphaDEX Fund in the fourth quarter worth about $32,000. Private Trust Co. NA grew its stake in shares of First Trust Small Cap Growth AlphaDEX Fund by 20.7% in the fourth quarter. Private Trust Co. NA now owns 2,488 shares of the company’s stock valued at $193,000 after buying an additional 426 shares in the last quarter. Tower Research Capital LLC TRC raised its holdings in shares of First Trust Small Cap Growth AlphaDEX Fund by 3,367.6% during the 4th quarter. Tower Research Capital LLC TRC now owns 2,566 shares of the company’s stock valued at $199,000 after buying an additional 2,492 shares during the period. Finally, Plotkin Financial Advisors LLC purchased a new position in First Trust Small Cap Growth AlphaDEX Fund in the 4th quarter worth approximately $200,000.

About First Trust Small Cap Growth AlphaDEX Fund

The First Trust Small Cap Growth AlphaDEX Fund (FYC) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Small Cap Growth index. The fund tracks a quant-driven index that select stocks from a small-cap growth universe in an attempt to outperform the market. FYC was launched on Apr 18, 2011 and is managed by First Trust.