First Trust Health Care AlphaDEX Fund (NYSEARCA:FXH) Short Interest Update

First Trust Health Care AlphaDEX Fund (NYSEARCA:FXH) saw a significant decrease in short interest in April. As of April 30th, there was short interest totaling 14,565 shares, a decrease of 35.3% from the April 15th total of 22,515 shares. Based on an average daily volume of 19,072 shares, the short-interest ratio is presently 0.8 days. Approximately 0.2% of the company’s shares are sold short.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in FXH. Advisory Services Network LLC acquired a new position in First Trust Health Care AlphaDEX Fund during the third quarter worth $42,000. Founders Financial Alliance LLC acquired a new position in First Trust Health Care AlphaDEX Fund during the third quarter worth $55,000. O Shaughnessy Asset Management LLC lifted its stake in First Trust Health Care AlphaDEX Fund by 1,145.0% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 498 shares of the company’s stock worth $57,000 after purchasing an additional 458 shares in the last quarter. Ameriflex Group Inc. lifted its stake in First Trust Health Care AlphaDEX Fund by 322.4% during the third quarter. Ameriflex Group Inc. now owns 642 shares of the company’s stock worth $70,000 after purchasing an additional 490 shares in the last quarter. Finally, Smartleaf Asset Management LLC raised its stake in shares of First Trust Health Care AlphaDEX Fund by 1,822.7% in the second quarter. Smartleaf Asset Management LLC now owns 846 shares of the company’s stock valued at $87,000 after acquiring an additional 802 shares in the last quarter.

First Trust Health Care AlphaDEX Fund Stock Up 0.4%

NYSEARCA:FXH traded up $0.42 during trading hours on Tuesday, reaching $113.75. 17,557 shares of the stock were exchanged, compared to its average volume of 24,054. The business has a 50-day moving average of $111.09 and a two-hundred day moving average of $113.48. First Trust Health Care AlphaDEX Fund has a twelve month low of $97.52 and a twelve month high of $120.34. The company has a market capitalization of $881.55 million, a price-to-earnings ratio of 16.75 and a beta of 0.75.

First Trust Health Care AlphaDEX Fund Company Profile

The First Trust Health Care AlphaDEX Fund is an exchange-traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield, before fees and expenses, of an equity index called the StrataQuant Health Care Index. The StrataQuant Health Care Index is an index developed, maintained and sponsored by the NYSE Group, Inc or its affiliates (NYSE), which employs the AlphaDEX stock selection methodology to select stocks from the Russell 1000 Index.