First Trust MultiCap Growth AlphaDEX Fund (NASDAQ:FAD – Get Free Report) was the recipient of a large increase in short interest in September. As of September 30th, there was short interest totalling 13,500 shares, an increase of 6,650.0% from the September 15th total of 200 shares. Based on an average trading volume of 5,000 shares, the short-interest ratio is currently 2.7 days.
First Trust MultiCap Growth AlphaDEX Fund Trading Up 1.5 %
Shares of First Trust MultiCap Growth AlphaDEX Fund stock opened at $135.77 on Friday. The stock has a 50-day moving average price of $128.28 and a 200 day moving average price of $124.44. The company has a market cap of $278.32 million, a P/E ratio of 18.90 and a beta of 1.10. First Trust MultiCap Growth AlphaDEX Fund has a 1 year low of $92.78 and a 1 year high of $135.77.
First Trust MultiCap Growth AlphaDEX Fund Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were paid a $0.3848 dividend. This is an increase from First Trust MultiCap Growth AlphaDEX Fund’s previous quarterly dividend of $0.05. This represents a $1.54 annualized dividend and a yield of 1.13%. The ex-dividend date of this dividend was Thursday, September 26th.
Institutional Investors Weigh In On First Trust MultiCap Growth AlphaDEX Fund
First Trust MultiCap Growth AlphaDEX Fund Company Profile
First Trust Multi Cap Growth AlphaDEX Fund (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield of an equity index called the Defined Multi Cap Growth Index (the Index). The Index is an enhanced index created and administered by Standard & Poor’s, which selects stocks from the S&P Composite 1500/Citigroup Growth Index.
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