First Trust Mid Cap Core AlphaDEX Fund (NASDAQ:FNX) Short Interest Update

First Trust Mid Cap Core AlphaDEX Fund (NASDAQ:FNX) was the recipient of a large growth in short interest in the month of December. As of December 31st, there was short interest totaling 6,334 shares, a growth of 142.6% from the December 15th total of 2,611 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 12,564 shares, the short-interest ratio is currently 0.5 days. Based on an average trading volume of 12,564 shares, the short-interest ratio is currently 0.5 days. Approximately 0.1% of the company’s shares are short sold.

Institutional Trading of First Trust Mid Cap Core AlphaDEX Fund

Hedge funds have recently added to or reduced their stakes in the business. Jane Street Group LLC acquired a new position in shares of First Trust Mid Cap Core AlphaDEX Fund during the 1st quarter valued at about $267,000. NBC Securities Inc. grew its holdings in First Trust Mid Cap Core AlphaDEX Fund by 29.2% in the second quarter. NBC Securities Inc. now owns 15,807 shares of the company’s stock valued at $1,815,000 after purchasing an additional 3,575 shares during the period. Farrell Financial LLC purchased a new stake in First Trust Mid Cap Core AlphaDEX Fund in the second quarter valued at approximately $204,000. LVZ Inc. increased its position in First Trust Mid Cap Core AlphaDEX Fund by 0.7% during the second quarter. LVZ Inc. now owns 16,275 shares of the company’s stock worth $1,869,000 after purchasing an additional 121 shares during the last quarter. Finally, Three Cord True Wealth Management LLC raised its stake in First Trust Mid Cap Core AlphaDEX Fund by 5.0% during the second quarter. Three Cord True Wealth Management LLC now owns 116,858 shares of the company’s stock worth $13,421,000 after purchasing an additional 5,532 shares during the period.

First Trust Mid Cap Core AlphaDEX Fund Stock Performance

Shares of FNX opened at $132.77 on Wednesday. First Trust Mid Cap Core AlphaDEX Fund has a fifty-two week low of $93.19 and a fifty-two week high of $133.40. The company has a market capitalization of $1.23 billion, a PE ratio of 14.19 and a beta of 1.12. The stock has a fifty day moving average of $126.25 and a two-hundred day moving average of $123.49.

First Trust Mid Cap Core AlphaDEX Fund Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were paid a $0.3914 dividend. The ex-dividend date was Friday, December 12th. This is an increase from First Trust Mid Cap Core AlphaDEX Fund’s previous quarterly dividend of $0.19. This represents a $1.57 annualized dividend and a yield of 1.2%.

First Trust Mid Cap Core AlphaDEX Fund Company Profile

The First Trust Mid Cap Core AlphaDEX Fund (FNX) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Mid Cap Core index. The fund tracks a tiered equal-weighted index of US mid-cap equities selected using both growth and value screens. FNX was launched on May 8, 2007 and is managed by First Trust.