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

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

First Trust Consumer Staples AlphaDEX Fund Stock Performance

Shares of NYSEARCA:FXG opened at $62.10 on Tuesday. The business’s 50-day simple moving average is $61.49 and its 200 day simple moving average is $62.85. The company has a market cap of $257.72 million, a P/E ratio of 15.10 and a beta of 0.56. First Trust Consumer Staples AlphaDEX Fund has a one year low of $59.67 and a one year high of $66.68.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. HBW Advisory Services LLC grew its holdings in First Trust Consumer Staples AlphaDEX Fund by 12.9% during the 2nd quarter. HBW Advisory Services LLC now owns 7,010 shares of the company’s stock valued at $444,000 after purchasing an additional 801 shares in the last quarter. Park Avenue Securities LLC purchased a new position in First Trust Consumer Staples AlphaDEX Fund in the 2nd quarter valued at about $207,000. Grimes & Company Inc. acquired a new stake in shares of First Trust Consumer Staples AlphaDEX Fund during the second quarter valued at about $1,428,000. Stratos Wealth Partners LTD. grew its stake in shares of First Trust Consumer Staples AlphaDEX Fund by 6.5% during the second quarter. Stratos Wealth Partners LTD. now owns 5,920 shares of the company’s stock valued at $375,000 after acquiring an additional 362 shares in the last quarter. Finally, Envestnet Asset Management Inc. increased its position in shares of First Trust Consumer Staples AlphaDEX Fund by 217.0% during the second quarter. Envestnet Asset Management Inc. now owns 35,746 shares of the company’s stock worth $2,262,000 after acquiring an additional 24,470 shares during the last quarter.

First Trust Consumer Staples AlphaDEX Fund Company Profile

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.