First Trust Consumer Staples AlphaDEX Fund (NYSEARCA:FXG) Stock Short Interest Report for October

First Trust Consumer Staples AlphaDEX Fund (NYSEARCA:FXG) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 5,891 shares, an increase of 284.0% from the September 30th total of 1,534 shares. Based on an average daily volume of 15,243 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.2% of the shares of the company are short sold.

Hedge Funds Weigh In On First Trust Consumer Staples AlphaDEX Fund

Several hedge funds have recently bought and sold shares of FXG. Ameritas Advisory Services LLC purchased a new stake in First Trust Consumer Staples AlphaDEX Fund during the 2nd quarter worth approximately $307,000. Cetera Investment Advisers grew its position in First Trust Consumer Staples AlphaDEX Fund by 17.5% during the 1st quarter. Cetera Investment Advisers now owns 28,824 shares of the company’s stock worth $1,837,000 after purchasing an additional 4,297 shares during the last quarter. Milestones Private Investment Advisors LLC boosted its holdings in shares of First Trust Consumer Staples AlphaDEX Fund by 2.6% in the first quarter. Milestones Private Investment Advisors LLC now owns 58,095 shares of the company’s stock valued at $3,702,000 after acquiring an additional 1,456 shares in the last quarter. Fifth Third Bancorp purchased a new stake in shares of First Trust Consumer Staples AlphaDEX Fund during the 1st quarter worth approximately $191,000. Finally, Kestra Advisory Services LLC raised its holdings in shares of First Trust Consumer Staples AlphaDEX Fund by 4.2% in the first quarter. Kestra Advisory Services LLC now owns 12,009 shares of the company’s stock worth $765,000 after acquiring an additional 488 shares during the last quarter.

First Trust Consumer Staples AlphaDEX Fund Stock Performance

NYSEARCA FXG traded down $0.38 during mid-day trading on Wednesday, reaching $60.72. 44,726 shares of the stock were exchanged, compared to its average volume of 19,203. First Trust Consumer Staples AlphaDEX Fund has a 1 year low of $57.29 and a 1 year high of $69.50. The business’s 50 day moving average is $62.02 and its 200-day moving average is $63.61. The company has a market capitalization of $206.45 million, a P/E ratio of 15.10 and a beta of 0.50.

First Trust Consumer Staples AlphaDEX Fund Company Profile

First Trust Consumer Staples 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 Consumer Staples 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.