First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX) Short Interest Update

First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX) was the recipient of a significant decline in short interest in June. As of June 30th, there was short interest totaling 15,358 shares, a decline of 54.4% from the June 15th total of 33,664 shares. Based on an average trading volume of 28,115 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.2% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. NBT Bank N A NY increased its holdings in shares of First Trust Small Cap Core AlphaDEX Fund by 127.4% in the first quarter. NBT Bank N A NY now owns 257 shares of the company’s stock valued at $31,000 after buying an additional 144 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. boosted its stake in shares of First Trust Small Cap Core AlphaDEX Fund by 67.4% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 405 shares of the company’s stock worth $46,000 after acquiring an additional 163 shares in the last quarter. Sound Income Strategies LLC bought a new stake in shares of First Trust Small Cap Core AlphaDEX Fund during the 4th quarter worth $161,000. Sagespring Wealth Partners LLC acquired a new position in shares of First Trust Small Cap Core AlphaDEX Fund in the 4th quarter worth $203,000. Finally, Beto Financial Group LLC acquired a new position in shares of First Trust Small Cap Core AlphaDEX Fund in the 4th quarter worth $216,000.

First Trust Small Cap Core AlphaDEX Fund Stock Performance

NASDAQ FYX traded up $0.85 on Wednesday, reaching $141.99. The company’s stock had a trading volume of 29,537 shares, compared to its average volume of 32,757. First Trust Small Cap Core AlphaDEX Fund has a twelve month low of $95.31 and a twelve month high of $145.45. The firm’s 50 day moving average is $136.67 and its two-hundred day moving average is $127.25. The stock has a market cap of $1.36 billion, a PE ratio of 13.79 and a beta of 1.05.

First Trust Small Cap Core AlphaDEX Fund Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were paid a dividend of $0.4369 per share. This is a boost from First Trust Small Cap Core AlphaDEX Fund’s previous quarterly dividend of $0.20. This represents a $1.75 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend was Thursday, June 25th.

About First Trust Small Cap Core AlphaDEX Fund

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.