First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX) Short Interest Update

First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX) was the target of a large decrease in short interest in March. As of March 31st, there was short interest totaling 12,459 shares, a decrease of 44.7% from the March 15th total of 22,544 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 29,611 shares, the short-interest ratio is currently 0.4 days.

Hedge Funds Weigh In On First Trust Small Cap Core AlphaDEX Fund

Several hedge funds have recently bought and sold shares of FYX. Main Line Retirement Advisors LLC purchased a new position in First Trust Small Cap Core AlphaDEX Fund in the 4th quarter valued at approximately $11,427,000. Janney Montgomery Scott LLC increased its stake in First Trust Small Cap Core AlphaDEX Fund by 68.0% in the 4th quarter. Janney Montgomery Scott LLC now owns 238,963 shares of the company’s stock valued at $27,037,000 after purchasing an additional 96,755 shares in the last quarter. UBS Group AG increased its stake in First Trust Small Cap Core AlphaDEX Fund by 35.7% in the 3rd quarter. UBS Group AG now owns 291,171 shares of the company’s stock valued at $31,732,000 after purchasing an additional 76,615 shares in the last quarter. Crusonia Wealth Advisors LLC purchased a new position in First Trust Small Cap Core AlphaDEX Fund in the 4th quarter valued at approximately $8,307,000. Finally, Royal Bank of Canada increased its stake in First Trust Small Cap Core AlphaDEX Fund by 13.5% in the 4th quarter. Royal Bank of Canada now owns 604,479 shares of the company’s stock valued at $68,392,000 after purchasing an additional 71,943 shares in the last quarter.

First Trust Small Cap Core AlphaDEX Fund Price Performance

Shares of FYX stock traded up $1.03 during trading hours on Tuesday, reaching $127.97. 52,034 shares of the company’s stock were exchanged, compared to its average volume of 35,038. The company has a market cap of $1.14 billion, a P/E ratio of 13.79 and a beta of 1.06. The company’s 50 day moving average is $121.59 and its two-hundred day moving average is $116.09. First Trust Small Cap Core AlphaDEX Fund has a 1 year low of $81.44 and a 1 year high of $128.47.

First Trust Small Cap Core AlphaDEX Fund Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Thursday, March 26th were paid a $0.2029 dividend. This represents a $0.81 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend was Thursday, March 26th.

First Trust Small Cap Core AlphaDEX Fund Company Profile

The First Trust Small Cap Core AlphaDEX Fund (FYX) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Small Cap Core index. The fund tracks an index of small-cap stocks selected based on quantitatively driven growth and value factors. FYX was launched on May 8, 2007 and is managed by First Trust.