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 significant drop in short interest during the month of March. As of March 31st, there was short interest totalling 11,400 shares, a drop of 17.4% from the March 15th total of 13,800 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 36,700 shares, the short-interest ratio is presently 0.3 days.

First Trust Mid Cap Core AlphaDEX Fund Trading Down 2.3 %

FNX stock traded down $2.32 on Monday, hitting $98.82. The company’s stock had a trading volume of 47,688 shares, compared to its average volume of 36,869. First Trust Mid Cap Core AlphaDEX Fund has a 1 year low of $93.19 and a 1 year high of $127.98. The stock has a market cap of $993.14 million, a price-to-earnings ratio of 13.42 and a beta of 1.20. The firm has a 50 day moving average of $108.98 and a two-hundred day moving average of $115.91.

First Trust Mid Cap Core AlphaDEX Fund Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were issued a dividend of $0.2561 per share. This represents a $1.02 dividend on an annualized basis and a dividend yield of 1.04%. The ex-dividend date of this dividend was Thursday, March 27th.

Institutional Trading of First Trust Mid Cap Core AlphaDEX Fund

Several institutional investors and hedge funds have recently added to or reduced their stakes in FNX. Private Trust Co. NA increased its holdings in shares of First Trust Mid Cap Core AlphaDEX Fund by 22.6% in the fourth quarter. Private Trust Co. NA now owns 3,648 shares of the company’s stock valued at $422,000 after purchasing an additional 672 shares during the period. Global Retirement Partners LLC grew its position in First Trust Mid Cap Core AlphaDEX Fund by 19.0% in the 4th quarter. Global Retirement Partners LLC now owns 953 shares of the company’s stock valued at $110,000 after buying an additional 152 shares during the last quarter. Marshall Investment Management LLC purchased a new position in First Trust Mid Cap Core AlphaDEX Fund during the 4th quarter worth $881,000. J.W. Cole Advisors Inc. acquired a new stake in shares of First Trust Mid Cap Core AlphaDEX Fund in the 4th quarter worth $201,000. Finally, Lakeridge Wealth Management LLC boosted its holdings in shares of First Trust Mid Cap Core AlphaDEX Fund by 1.9% in the fourth quarter. Lakeridge Wealth Management LLC now owns 70,906 shares of the company’s stock valued at $8,205,000 after acquiring an additional 1,300 shares in the last quarter.

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.