First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX) Short Interest Down 74.4% in May

First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX) was the recipient of a significant decrease in short interest in the month of May. As of May 15th, there was short interest totaling 16,270 shares, a decrease of 74.4% from the April 30th total of 63,666 shares. Based on an average daily trading volume, of 38,073 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.2% of the company’s shares are short sold.

First Trust Small Cap Core AlphaDEX Fund Stock Performance

NASDAQ FYX traded down $1.04 during trading hours on Friday, hitting $134.40. 29,203 shares of the company’s stock were exchanged, compared to its average volume of 35,279. The business’s 50 day moving average is $127.51 and its 200-day moving average is $120.95. First Trust Small Cap Core AlphaDEX Fund has a 12-month low of $91.11 and a 12-month high of $136.27. The firm has a market capitalization of $1.22 billion, a P/E ratio of 13.79 and a beta of 1.08.

First Trust Small Cap Core AlphaDEX Fund Cuts Dividend

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

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

A number of large investors have recently modified their holdings of FYX. Goldman Sachs Group Inc. raised its holdings in shares of First Trust Small Cap Core AlphaDEX Fund by 366.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 20,641 shares of the company’s stock worth $1,860,000 after purchasing an additional 16,217 shares during the period. Jane Street Group LLC grew its stake in shares of First Trust Small Cap Core AlphaDEX Fund by 707.1% in the first quarter. Jane Street Group LLC now owns 32,560 shares of the company’s stock valued at $2,933,000 after buying an additional 28,526 shares in the last quarter. Captrust Financial Advisors grew its stake in shares of First Trust Small Cap Core AlphaDEX Fund by 2.5% in the second quarter. Captrust Financial Advisors now owns 6,321 shares of the company’s stock valued at $615,000 after buying an additional 157 shares in the last quarter. Envestnet Portfolio Solutions Inc. grew its stake in shares of First Trust Small Cap Core AlphaDEX Fund by 4.2% in the third quarter. Envestnet Portfolio Solutions Inc. now owns 4,890 shares of the company’s stock valued at $533,000 after buying an additional 195 shares in the last quarter. Finally, Belpointe Asset Management LLC grew its stake in shares of First Trust Small Cap Core AlphaDEX Fund by 7.1% in the third quarter. Belpointe Asset Management LLC now owns 4,440 shares of the company’s stock valued at $484,000 after buying an additional 295 shares in the last quarter.

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.