First Trust Europe AlphaDEX Fund (NASDAQ:FEP) Short Interest Up 6.1% in December

First Trust Europe AlphaDEX Fund (NASDAQ:FEP) was the recipient of a significant growth in short interest in December. As of December 15th, there was short interest totalling 20,800 shares, a growth of 6.1% from the November 30th total of 19,600 shares. Based on an average daily trading volume, of 16,700 shares, the short-interest ratio is presently 1.2 days.

Institutional Trading of First Trust Europe AlphaDEX Fund

Several institutional investors and hedge funds have recently bought and sold shares of FEP. Ashton Thomas Private Wealth LLC acquired a new position in shares of First Trust Europe AlphaDEX Fund in the second quarter worth about $33,000. JPMorgan Chase & Co. boosted its stake in First Trust Europe AlphaDEX Fund by 76.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,307 shares of the company’s stock worth $90,000 after purchasing an additional 1,001 shares during the period. Walker Asset Management LLC acquired a new position in First Trust Europe AlphaDEX Fund in the 3rd quarter worth approximately $203,000. Pinnacle Family Advisors LLC purchased a new position in First Trust Europe AlphaDEX Fund during the 3rd quarter worth approximately $209,000. Finally, Pine Valley Investments Ltd Liability Co acquired a new stake in First Trust Europe AlphaDEX Fund during the 3rd quarter valued at $209,000.

First Trust Europe AlphaDEX Fund Stock Down 0.4 %

FEP opened at $35.65 on Friday. The business has a fifty day simple moving average of $36.75 and a 200-day simple moving average of $37.55. The firm has a market cap of $192.51 million, a PE ratio of -54.02 and a beta of 1.09. First Trust Europe AlphaDEX Fund has a fifty-two week low of $34.56 and a fifty-two week high of $39.86.

First Trust Europe AlphaDEX Fund Dividend Announcement

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were paid a $0.2698 dividend. The ex-dividend date of this dividend was Friday, December 13th. First Trust Europe AlphaDEX Fund’s dividend payout ratio is currently -268.18%.

About First Trust Europe AlphaDEX Fund

The First Trust Europe AlphaDEX Fund (FEP) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Europe index. The fund tracks a tiered equal-weighted index of 200 companies selected from the S&P Europe BMI based on the S&P’s AlphaDex selection methodology. FEP was launched on Apr 18, 2011 and is managed by First Trust.