First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) Sees Large Increase in Short Interest

First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) was the target of a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 123,423 shares, an increase of 2,677.3% from the June 15th total of 4,444 shares. Approximately 1.5% of the shares of the company are short sold. Based on an average daily volume of 66,541 shares, the short-interest ratio is currently 1.9 days.

Institutional Trading of First Trust Industrials/Producer Durables AlphaDEX Fund

Institutional investors have recently made changes to their positions in the business. Northwestern Mutual Wealth Management Co. grew its stake in shares of First Trust Industrials/Producer Durables AlphaDEX Fund by 15.3% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,002 shares of the company’s stock worth $74,000 after purchasing an additional 133 shares during the period. Silver Oak Securities Incorporated lifted its stake in First Trust Industrials/Producer Durables AlphaDEX Fund by 2.8% in the first quarter. Silver Oak Securities Incorporated now owns 4,888 shares of the company’s stock valued at $399,000 after buying an additional 133 shares during the period. Prosperity Consulting Group LLC boosted its holdings in First Trust Industrials/Producer Durables AlphaDEX Fund by 1.1% during the third quarter. Prosperity Consulting Group LLC now owns 15,887 shares of the company’s stock worth $1,240,000 after buying an additional 168 shares during the last quarter. Transamerica Financial Advisors LLC boosted its holdings in First Trust Industrials/Producer Durables AlphaDEX Fund by 1.0% during the second quarter. Transamerica Financial Advisors LLC now owns 30,926 shares of the company’s stock worth $2,295,000 after buying an additional 311 shares during the last quarter. Finally, Cornerstone Wealth Management LLC grew its position in shares of First Trust Industrials/Producer Durables AlphaDEX Fund by 6.6% during the 4th quarter. Cornerstone Wealth Management LLC now owns 5,108 shares of the company’s stock worth $408,000 after buying an additional 317 shares during the period.

First Trust Industrials/Producer Durables AlphaDEX Fund Trading Up 0.3%

FXR stock traded up $0.25 during midday trading on Friday, hitting $88.93. The stock had a trading volume of 17,127 shares, compared to its average volume of 59,456. First Trust Industrials/Producer Durables AlphaDEX Fund has a 52 week low of $73.08 and a 52 week high of $92.78. The stock has a 50-day simple moving average of $87.47 and a 200 day simple moving average of $86.28. The firm has a market capitalization of $729.23 million, a price-to-earnings ratio of 17.44 and a beta of 1.07.

About First Trust Industrials/Producer Durables AlphaDEX Fund

First Trust Industrials/Producer Durables 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 Industrials 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.