First Trust Health Care AlphaDEX Fund (NYSEARCA:FXH – Get Free Report) was the target of a large increase in short interest during the month of October. As of October 30th, there was short interest totaling 30,368 shares, an increase of 162.9% from the October 15th total of 11,553 shares. Currently, 0.4% of the company’s stock are short sold. Based on an average trading volume of 35,894 shares, the short-interest ratio is currently 0.8 days.
First Trust Health Care AlphaDEX Fund Stock Down 0.6%
FXH stock traded down $0.80 during mid-day trading on Friday, reaching $136.97. 8,007 shares of the stock traded hands, compared to its average volume of 39,901. The business has a 50-day moving average of $133.30 and a two-hundred day moving average of $121.87. The firm has a market capitalization of $1.17 billion, a PE ratio of 22.54 and a beta of 0.73. First Trust Health Care AlphaDEX Fund has a 52 week low of $104.53 and a 52 week high of $143.96.
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of FXH. Pinnacle Bancorp Inc. bought a new stake in First Trust Health Care AlphaDEX Fund in the third quarter valued at about $26,000. TD Waterhouse Canada Inc. acquired a new position in First Trust Health Care AlphaDEX Fund in the third quarter worth about $29,000. Quest 10 Wealth Builders Inc. bought a new position in First Trust Health Care AlphaDEX Fund during the third quarter worth about $30,000. Allied Private Wealth LLC bought a new position in First Trust Health Care AlphaDEX Fund during the second quarter worth about $37,000. Finally, Physician Wealth Advisors Inc. bought a new position in First Trust Health Care AlphaDEX Fund during the third quarter worth about $40,000.
First Trust Health Care AlphaDEX Fund Company Profile
The First Trust Health Care AlphaDEX Fund is an exchange-traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield, before fees and expenses, of an equity index called the StrataQuant Health Care Index. The StrataQuant Health Care Index is an index developed, maintained and sponsored by the NYSE Group, Inc. or its affiliates (NYSE), which employs the AlphaDEX stock selection methodology to select stocks from the Russell 1000 Index.
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