First Trust Energy AlphaDEX Fund (NYSEARCA:FXN) Short Interest Update

First Trust Energy AlphaDEX Fund (NYSEARCA:FXN) was the recipient of a significant decline in short interest during the month of December. As of December 31st, there was short interest totaling 37,157 shares, a decline of 22.5% from the December 15th total of 47,963 shares. Based on an average trading volume of 279,712 shares, the short-interest ratio is currently 0.1 days. Currently, 0.2% of the shares of the stock are short sold. Currently, 0.2% of the shares of the stock are short sold. Based on an average trading volume of 279,712 shares, the short-interest ratio is currently 0.1 days.

Hedge Funds Weigh In On First Trust Energy AlphaDEX Fund

Several institutional investors have recently added to or reduced their stakes in the company. Biltmore Family Office LLC bought a new stake in First Trust Energy AlphaDEX Fund in the 2nd quarter worth approximately $49,000. Hazlett Burt & Watson Inc. grew its holdings in shares of First Trust Energy AlphaDEX Fund by 116.0% in the third quarter. Hazlett Burt & Watson Inc. now owns 3,166 shares of the company’s stock valued at $50,000 after purchasing an additional 1,700 shares in the last quarter. JPMorgan Chase & Co. purchased a new position in shares of First Trust Energy AlphaDEX Fund in the third quarter valued at $70,000. Comerica Bank increased its position in First Trust Energy AlphaDEX Fund by 65.2% in the third quarter. Comerica Bank now owns 7,360 shares of the company’s stock worth $120,000 after purchasing an additional 2,905 shares during the last quarter. Finally, REAP Financial Group LLC increased its position in First Trust Energy AlphaDEX Fund by 33.6% in the third quarter. REAP Financial Group LLC now owns 9,843 shares of the company’s stock worth $160,000 after purchasing an additional 2,478 shares during the last quarter.

First Trust Energy AlphaDEX Fund Stock Up 0.1%

Shares of FXN stock traded up $0.01 on Monday, reaching $17.06. The company had a trading volume of 323,435 shares, compared to its average volume of 649,449. The business’s 50-day moving average is $16.66 and its 200 day moving average is $16.17. First Trust Energy AlphaDEX Fund has a one year low of $12.55 and a one year high of $18.13. The stock has a market capitalization of $254.19 million, a PE ratio of 10.63 and a beta of 0.88.

First Trust Energy AlphaDEX Fund Company Profile

The First Trust Energy AlphaDEX Fund (FXN) is an exchange-traded fund that is based on the StrataQuant Energy index. The fund tracks an index of large- and mid-cap US energy stocks. The underlying index uses multi-factor selection and tiered equal-weighting. FXN was launched on May 8, 2007 and is managed by First Trust.