First Trust Energy AlphaDEX Fund (NYSEARCA:FXN) Short Interest Update

First Trust Energy AlphaDEX Fund (NYSEARCA:FXN) saw a significant increase in short interest in April. As of April 30th, there was short interest totaling 211,801 shares, an increase of 114.2% from the April 15th total of 98,874 shares. Based on an average daily trading volume, of 740,503 shares, the short-interest ratio is currently 0.3 days. Currently, 0.4% of the shares of the stock are short sold.

Institutional Trading of First Trust Energy AlphaDEX Fund

Institutional investors and hedge funds have recently modified their holdings of the business. Goldman Sachs Group Inc. boosted its position in First Trust Energy AlphaDEX Fund by 2.6% in the first quarter. Goldman Sachs Group Inc. now owns 105,304 shares of the company’s stock worth $1,740,000 after purchasing an additional 2,686 shares during the last quarter. Jane Street Group LLC purchased a new position in shares of First Trust Energy AlphaDEX Fund in the 2nd quarter worth about $1,178,000. BNP Paribas Financial Markets grew its position in First Trust Energy AlphaDEX Fund by 543.5% during the second quarter. BNP Paribas Financial Markets now owns 651,200 shares of the company’s stock valued at $9,885,000 after buying an additional 550,000 shares during the period. Tower Research Capital LLC TRC increased its holdings in First Trust Energy AlphaDEX Fund by 57.3% during the second quarter. Tower Research Capital LLC TRC now owns 81,560 shares of the company’s stock worth $1,238,000 after buying an additional 29,697 shares during the last quarter. Finally, Retirement Planning Group LLC bought a new position in First Trust Energy AlphaDEX Fund in the 3rd quarter worth about $244,000.

First Trust Energy AlphaDEX Fund Price Performance

First Trust Energy AlphaDEX Fund stock opened at $22.27 on Friday. The stock’s fifty day moving average price is $21.53 and its two-hundred day moving average price is $18.83. First Trust Energy AlphaDEX Fund has a one year low of $14.37 and a one year high of $23.43. The firm has a market cap of $1.20 billion, a PE ratio of 10.63 and a beta of 0.56.

First Trust Energy AlphaDEX Fund Company Profile

The First Trust Energy AlphaDEX Fund (FXN) is an exchange-traded fund that is based on the StrataQuant Energy index. The fund tracks an index of large- and mid-cap US energy stocks. The underlying index uses multi-factor selection and tiered equal-weighting. FXN was launched on May 8, 2007 and is managed by First Trust.