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

First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) saw a large drop in short interest in the month of July. As of July 15th, there was short interest totaling 68,243 shares, a drop of 44.7% from the June 30th total of 123,423 shares. Currently, 0.8% of the shares of the stock are sold short. Based on an average trading volume of 31,371 shares, the short-interest ratio is presently 2.2 days.

Institutional Investors Weigh In On First Trust Industrials/Producer Durables AlphaDEX Fund

A number of institutional investors have recently added to or reduced their stakes in FXR. Silver Oak Securities Incorporated raised its holdings in shares of First Trust Industrials/Producer Durables AlphaDEX Fund by 2.8% in the 1st quarter. Silver Oak Securities Incorporated now owns 4,888 shares of the company’s stock worth $399,000 after buying an additional 133 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its position in First Trust Industrials/Producer Durables AlphaDEX Fund by 15.3% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,002 shares of the company’s stock valued at $74,000 after acquiring an additional 133 shares during the period. Prosperity Consulting Group LLC raised its stake 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 acquiring an additional 168 shares in the last quarter. Transamerica Financial Advisors LLC raised its stake 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 acquiring an additional 311 shares in the last quarter. Finally, Cornerstone Wealth Management LLC raised its stake in First Trust Industrials/Producer Durables AlphaDEX Fund by 6.6% during the fourth quarter. Cornerstone Wealth Management LLC now owns 5,108 shares of the company’s stock worth $408,000 after acquiring an additional 317 shares in the last quarter.

First Trust Industrials/Producer Durables AlphaDEX Fund Price Performance

Shares of First Trust Industrials/Producer Durables AlphaDEX Fund stock traded up $0.92 during trading on Thursday, hitting $88.28. 23,381 shares of the company’s stock traded hands, compared to its average volume of 56,380. The company has a market cap of $732.72 million, a PE ratio of 17.44 and a beta of 1.07. The firm’s fifty day moving average price is $88.27 and its 200 day moving average price is $86.97. First Trust Industrials/Producer Durables AlphaDEX Fund has a twelve month low of $73.08 and a twelve month high of $92.78.

First Trust Industrials/Producer Durables AlphaDEX Fund Company Profile

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.