First Trust Consumer Staples AlphaDEX Fund (NYSEARCA:FXG) Short Interest Down 67.3% in December

First Trust Consumer Staples AlphaDEX Fund (NYSEARCA:FXG) saw a large decline in short interest during the month of December. As of December 31st, there was short interest totaling 2,427 shares, a decline of 67.3% from the December 15th total of 7,422 shares. Based on an average daily volume of 21,730 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are sold short. Currently, 0.1% of the company’s stock are sold short. Based on an average daily volume of 21,730 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in FXG. Huntington National Bank acquired a new stake in shares of First Trust Consumer Staples AlphaDEX Fund in the 2nd quarter valued at about $26,000. Founders Financial Alliance LLC bought a new stake in First Trust Consumer Staples AlphaDEX Fund in the third quarter valued at about $45,000. Wilmington Savings Fund Society FSB acquired a new stake in First Trust Consumer Staples AlphaDEX Fund during the third quarter valued at approximately $49,000. Tableaux LLC acquired a new stake in First Trust Consumer Staples AlphaDEX Fund during the second quarter valued at approximately $167,000. Finally, Ameriflex Group Inc. bought a new position in First Trust Consumer Staples AlphaDEX Fund during the 3rd quarter worth approximately $199,000.

First Trust Consumer Staples AlphaDEX Fund Stock Up 0.6%

Shares of FXG opened at $62.10 on Tuesday. The firm has a market cap of $257.72 million, a price-to-earnings ratio of 15.10 and a beta of 0.56. The business’s 50 day moving average is $61.49 and its two-hundred day moving average is $62.85. First Trust Consumer Staples AlphaDEX Fund has a 52-week low of $59.67 and a 52-week high of $66.68.

About First Trust Consumer Staples AlphaDEX Fund

First Trust Consumer Staples AlphaDEX Fund (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield of an equity index called the StrataQuant Consumer Staples Index (the Index). The Index is an enhanced index created and administered by the AMEX, which employs the AlphaDEX stock selection methodology to select stocks from the Russell 1000 Index. The AMEX constructs the Index by ranking the stocks, which are members of the Russell 1000 Index on growth factors, including 3, 6 and 12-month price appreciation, sales to price and one-year sales growth, and separately on value factors, including book value to price, cash flow to price and return on assets.