First Trust Mid Cap Core AlphaDEX Fund (NASDAQ:FNX) Short Interest Down 69.7% in December

First Trust Mid Cap Core AlphaDEX Fund (NASDAQ:FNX) was the target of a significant drop in short interest in the month of December. As of December 15th, there was short interest totaling 2,611 shares, a drop of 69.7% from the November 30th total of 8,631 shares. Based on an average daily trading volume, of 10,490 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the company’s shares are short sold. Currently, 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 10,490 shares, the short-interest ratio is currently 0.2 days.

Institutional Trading of First Trust Mid Cap Core AlphaDEX Fund

Large investors have recently modified their holdings of the stock. Triumph Capital Management acquired a new position in First Trust Mid Cap Core AlphaDEX Fund during the 3rd quarter worth $201,000. Advisory Services Network LLC acquired a new stake in First Trust Mid Cap Core AlphaDEX Fund in the third quarter valued at approximately $136,000. Kestra Private Wealth Services LLC grew its holdings in First Trust Mid Cap Core AlphaDEX Fund by 2.9% during the 3rd quarter. Kestra Private Wealth Services LLC now owns 43,901 shares of the company’s stock worth $5,505,000 after acquiring an additional 1,230 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its position in shares of First Trust Mid Cap Core AlphaDEX Fund by 22.5% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 69,271 shares of the company’s stock valued at $8,687,000 after purchasing an additional 12,718 shares during the last quarter. Finally, Marshall Investment Management LLC acquired a new stake in shares of First Trust Mid Cap Core AlphaDEX Fund in the 3rd quarter valued at $208,000.

First Trust Mid Cap Core AlphaDEX Fund Trading Up 0.2%

FNX opened at $128.59 on Thursday. The stock’s 50-day moving average price is $124.98 and its 200 day moving average price is $121.81. First Trust Mid Cap Core AlphaDEX Fund has a 12-month low of $93.19 and a 12-month high of $130.69. The firm has a market cap of $1.20 billion, a price-to-earnings ratio of 14.19 and a beta of 1.12.

First Trust Mid Cap Core AlphaDEX Fund Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Investors of record on Friday, December 12th will be issued a $0.3914 dividend. This represents a $1.57 dividend on an annualized basis and a dividend yield of 1.2%. This is an increase from First Trust Mid Cap Core AlphaDEX Fund’s previous quarterly dividend of $0.19. The ex-dividend date is Friday, December 12th.

First Trust Mid Cap Core AlphaDEX Fund Company Profile

The First Trust Mid Cap Core AlphaDEX Fund (FNX) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Mid Cap Core index. The fund tracks a tiered equal-weighted index of US mid-cap equities selected using both growth and value screens. FNX was launched on May 8, 2007 and is managed by First Trust.