First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX) Short Interest Update
by Doug Wharley · The Cerbat GemFirst Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX – Get Free Report) was the target of a large increase in short interest during the month of April. As of April 15th, there was short interest totaling 45,139 shares, an increase of 262.3% from the March 31st total of 12,459 shares. Based on an average trading volume of 61,687 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.5% of the shares of the stock are short sold.
Institutional Trading of First Trust Small Cap Core AlphaDEX Fund
Several hedge funds have recently modified their holdings of the company. Janney Montgomery Scott LLC raised its holdings in shares of First Trust Small Cap Core AlphaDEX Fund by 6.1% during the 1st quarter. Janney Montgomery Scott LLC now owns 253,525 shares of the company’s stock worth $30,259,000 after acquiring an additional 14,562 shares in the last quarter. Maridea Wealth Management LLC raised its holdings in shares of First Trust Small Cap Core AlphaDEX Fund by 60.8% during the 1st quarter. Maridea Wealth Management LLC now owns 12,775 shares of the company’s stock worth $1,525,000 after acquiring an additional 4,828 shares in the last quarter. RFG Advisory LLC purchased a new stake in shares of First Trust Small Cap Core AlphaDEX Fund during the 1st quarter worth approximately $3,685,000. Rockefeller Capital Management L.P. raised its holdings in shares of First Trust Small Cap Core AlphaDEX Fund by 50.1% during the 4th quarter. Rockefeller Capital Management L.P. now owns 8,933 shares of the company’s stock worth $1,011,000 after acquiring an additional 2,980 shares in the last quarter. Finally, Catalyst Investment Management LLC purchased a new stake in shares of First Trust Small Cap Core AlphaDEX Fund during the 4th quarter worth approximately $1,654,000.
First Trust Small Cap Core AlphaDEX Fund Stock Performance
Shares of FYX traded up $1.10 during mid-day trading on Friday, hitting $131.98. 52,429 shares of the stock were exchanged, compared to its average volume of 36,084. The company has a market cap of $1.20 billion, a PE ratio of 13.79 and a beta of 1.06. First Trust Small Cap Core AlphaDEX Fund has a 52-week low of $85.05 and a 52-week high of $133.76. The firm has a 50-day moving average of $122.87 and a two-hundred day moving average of $117.37.
First Trust Small Cap Core AlphaDEX Fund Cuts Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th were issued a dividend of $0.2029 per share. This represents a $0.81 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend was Thursday, March 26th.
First Trust Small Cap Core AlphaDEX Fund Company Profile
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.