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 large decline in short interest in November. As of November 30th, there was short interest totalling 21,400 shares, a decline of 7.0% from the November 15th total of 23,000 shares. Based on an average trading volume of 29,700 shares, the short-interest ratio is currently 0.7 days.

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

Institutional investors have recently made changes to their positions in the business. Wealth Effects LLC lifted its position in shares of First Trust Small Cap Growth AlphaDEX Fund by 13.9% during the 3rd quarter. Wealth Effects LLC now owns 3,482 shares of the company’s stock worth $259,000 after buying an additional 425 shares during the period. Truist Financial Corp acquired a new position in First Trust Small Cap Growth AlphaDEX Fund in the second quarter valued at about $214,000. HFG Advisors Inc. grew its stake in First Trust Small Cap Growth AlphaDEX Fund by 1.0% during the third quarter. HFG Advisors Inc. now owns 20,752 shares of the company’s stock worth $1,543,000 after buying an additional 205 shares during the last quarter. Cetera Investment Advisers increased its holdings in shares of First Trust Small Cap Growth AlphaDEX Fund by 54.9% during the second quarter. Cetera Investment Advisers now owns 56,902 shares of the company’s stock worth $3,749,000 after buying an additional 20,158 shares in the last quarter. Finally, Eclectic Associates Inc. ADV bought a new position in shares of First Trust Small Cap Growth AlphaDEX Fund in the third quarter valued at approximately $458,000.

First Trust Small Cap Growth AlphaDEX Fund Stock Performance

Shares of First Trust Small Cap Growth AlphaDEX Fund stock traded down $0.87 on Tuesday, reaching $81.50. The stock had a trading volume of 18,175 shares, compared to its average volume of 24,873. First Trust Small Cap Growth AlphaDEX Fund has a fifty-two week low of $58.94 and a fifty-two week high of $85.01. The business’s 50-day moving average price is $79.27 and its two-hundred day moving average price is $72.79. The stock has a market cap of $378.98 million, a P/E ratio of 15.06 and a beta of 1.19.

First Trust Small Cap Growth AlphaDEX Fund Announces Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th will be given a $0.1473 dividend. The ex-dividend date 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.