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

First Trust Small Cap Growth AlphaDEX Fund (NASDAQ:FYC) was the target of a significant growth in short interest in December. As of December 15th, there was short interest totalling 45,700 shares, a growth of 113.6% from the November 30th total of 21,400 shares. Based on an average daily trading volume, of 39,700 shares, the days-to-cover ratio is presently 1.2 days.

Hedge Funds Weigh In On First Trust Small Cap Growth AlphaDEX Fund

Institutional investors have recently modified their holdings of the business. Heritage Oak Wealth Advisors LLC purchased a new stake in First Trust Small Cap Growth AlphaDEX Fund during the third quarter worth about $7,128,000. Wealth Effects LLC grew its stake in First Trust Small Cap Growth AlphaDEX Fund by 13.9% in the 3rd quarter. Wealth Effects LLC now owns 3,482 shares of the company’s stock valued at $259,000 after buying an additional 425 shares in the last quarter. Truist Financial Corp purchased a new stake in shares of First Trust Small Cap Growth AlphaDEX Fund during the second quarter worth $214,000. HFG Advisors Inc. grew its position in shares of First Trust Small Cap Growth AlphaDEX Fund by 1.0% in the third quarter. HFG Advisors Inc. now owns 20,752 shares of the company’s stock valued at $1,543,000 after purchasing an additional 205 shares in the last quarter. Finally, Cetera Investment Advisers raised its stake in shares of First Trust Small Cap Growth AlphaDEX Fund by 54.9% during the 2nd quarter. Cetera Investment Advisers now owns 56,902 shares of the company’s stock valued at $3,749,000 after purchasing an additional 20,158 shares during the period.

First Trust Small Cap Growth AlphaDEX Fund Trading Down 1.8 %

NASDAQ FYC opened at $78.40 on Friday. The firm has a market capitalization of $364.56 million, a P/E ratio of 15.06 and a beta of 1.19. The business has a fifty day simple moving average of $80.03 and a 200 day simple moving average of $73.54. First Trust Small Cap Growth AlphaDEX Fund has a 12 month low of $58.94 and a 12 month high of $85.01.

First Trust Small Cap Growth AlphaDEX Fund Dividend Announcement

The company also recently declared a dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 13th will be issued a dividend of $0.1473 per share. The ex-dividend date of this dividend is Friday, December 13th.

About First Trust Small Cap Growth AlphaDEX Fund

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.