Short Interest in First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) Expands By 581.0%

First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) saw a large increase in short interest in May. As of May 29th, there was short interest totaling 18,054 shares, an increase of 581.0% from the May 14th total of 2,651 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily volume of 19,107 shares, the days-to-cover ratio is currently 0.9 days.

Institutional Trading of First Trust Industrials/Producer Durables AlphaDEX Fund

Large investors have recently modified their holdings of the stock. Providence Capital Advisors LLC acquired a new stake in shares of First Trust Industrials/Producer Durables AlphaDEX Fund during the 3rd quarter worth $30,000. Ameriflex Group Inc. acquired a new stake in shares of First Trust Industrials/Producer Durables AlphaDEX Fund during the 3rd quarter worth $40,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in shares of First Trust Industrials/Producer Durables AlphaDEX Fund during the 4th quarter worth $57,000. Hilton Head Capital Partners LLC acquired a new stake in shares of First Trust Industrials/Producer Durables AlphaDEX Fund during the 4th quarter worth $61,000. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in First Trust Industrials/Producer Durables AlphaDEX Fund by 15.3% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,002 shares of the company’s stock valued at $74,000 after buying an additional 133 shares in the last quarter.

First Trust Industrials/Producer Durables AlphaDEX Fund Stock Down 3.1%

Shares of FXR traded down $2.69 during trading hours on Wednesday, hitting $84.44. 17,768 shares of the company were exchanged, compared to its average volume of 61,438. The company has a market cap of $675.52 million, a price-to-earnings ratio of 17.44 and a beta of 1.08. First Trust Industrials/Producer Durables AlphaDEX Fund has a fifty-two week low of $71.27 and a fifty-two week high of $92.78. The firm’s fifty day moving average is $85.87 and its 200 day moving average is $84.66.

About First Trust Industrials/Producer Durables AlphaDEX Fund

First Trust Industrials/Producer Durables 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 Industrials 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.