First Trust Small Cap Growth AlphaDEX Fund (NASDAQ:FYC) Short Interest Update

First Trust Small Cap Growth AlphaDEX Fund (NASDAQ:FYC) was the recipient of a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 36,281 shares, an increase of 237.6% from the June 30th total of 10,747 shares. Based on an average daily volume of 67,927 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.3% of the company’s shares are sold short.

Institutional Trading of First Trust Small Cap Growth AlphaDEX Fund

A number of large investors have recently bought and sold shares of the business. LPL Financial LLC lifted its stake in First Trust Small Cap Growth AlphaDEX Fund by 43.0% in the fourth quarter. LPL Financial LLC now owns 1,183,630 shares of the company’s stock valued at $113,769,000 after buying an additional 356,030 shares during the period. Raymond James Financial Inc. boosted its holdings in shares of First Trust Small Cap Growth AlphaDEX Fund by 151.1% during the 3rd quarter. Raymond James Financial Inc. now owns 324,241 shares of the company’s stock worth $29,413,000 after buying an additional 195,127 shares in the last quarter. Bank of America Corp DE grew its position in shares of First Trust Small Cap Growth AlphaDEX Fund by 92.8% during the 2nd quarter. Bank of America Corp DE now owns 246,143 shares of the company’s stock worth $19,588,000 after buying an additional 118,450 shares during the period. Wells Fargo & Company MN grew its position in shares of First Trust Small Cap Growth AlphaDEX Fund by 28.9% during the 4th quarter. Wells Fargo & Company MN now owns 363,672 shares of the company’s stock worth $34,956,000 after buying an additional 81,435 shares during the period. Finally, Integrated Wealth Concepts LLC bought a new stake in shares of First Trust Small Cap Growth AlphaDEX Fund in the 3rd quarter valued at $4,331,000.

First Trust Small Cap Growth AlphaDEX Fund Stock Performance

Shares of NASDAQ:FYC traded up $1.03 during trading on Monday, reaching $118.96. The stock had a trading volume of 36,192 shares, compared to its average volume of 69,839. The firm’s fifty day moving average is $118.92 and its 200 day moving average is $108.30. First Trust Small Cap Growth AlphaDEX Fund has a 52 week low of $77.11 and a 52 week high of $127.57. The stock has a market cap of $1.26 billion, a price-to-earnings ratio of 20.27 and a beta of 1.16.

First Trust Small Cap Growth AlphaDEX Fund Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Thursday, June 25th were issued a $0.1297 dividend. The ex-dividend date was Thursday, June 25th. This represents a $0.52 annualized dividend and a yield of 0.4%.

First Trust Small Cap Growth AlphaDEX Fund Company Profile

The First Trust Small Cap Growth AlphaDEX Fund (FYC) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Small Cap Growth index. The fund tracks a quant-driven index that select stocks from a small-cap growth universe in an attempt to outperform the market. FYC was launched on Apr 18, 2011 and is managed by First Trust.