First Trust Consumer Staples AlphaDEX Fund (NYSEARCA:FXG) Short Interest Down 75.8% in July

First Trust Consumer Staples AlphaDEX Fund (NYSEARCA:FXG) was the recipient of a large drop in short interest during the month of July. As of July 15th, there was short interest totaling 5,453 shares, a drop of 75.8% from the June 30th total of 22,516 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 11,368 shares, the short-interest ratio is currently 0.5 days.

First Trust Consumer Staples AlphaDEX Fund Trading Up 1.0%

NYSEARCA FXG traded up $0.62 during trading hours on Friday, hitting $64.18. 14,552 shares of the company’s stock traded hands, compared to its average volume of 21,980. First Trust Consumer Staples AlphaDEX Fund has a 52 week low of $59.67 and a 52 week high of $69.50. The business’s fifty day moving average price is $62.54 and its two-hundred day moving average price is $63.93. The firm has a market capitalization of $227.84 million, a P/E ratio of 15.10 and a beta of 0.49.

Institutional Trading of First Trust Consumer Staples AlphaDEX Fund

A number of large investors have recently added to or reduced their stakes in FXG. Hilton Head Capital Partners LLC purchased a new stake in First Trust Consumer Staples AlphaDEX Fund in the 4th quarter worth about $25,000. Park Square Financial Group LLC boosted its position in First Trust Consumer Staples AlphaDEX Fund by 489.1% during the 4th quarter. Park Square Financial Group LLC now owns 701 shares of the company’s stock valued at $45,000 after acquiring an additional 582 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new position in First Trust Consumer Staples AlphaDEX Fund in the third quarter valued at about $49,000. O Shaughnessy Asset Management LLC grew its position in shares of First Trust Consumer Staples AlphaDEX Fund by 1,336.3% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 1,307 shares of the company’s stock worth $79,000 after buying an additional 1,216 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in shares of First Trust Consumer Staples AlphaDEX Fund by 11.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,132 shares of the company’s stock valued at $129,000 after purchasing an additional 215 shares during the last quarter.

About First Trust Consumer Staples AlphaDEX Fund

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.