Short Interest in First Trust Consumer Staples AlphaDEX Fund (NYSEARCA:FXG) Rises By 512.6%

First Trust Consumer Staples AlphaDEX Fund (NYSEARCA:FXG) was the target of a significant growth in short interest in the month of January. As of January 15th, there was short interest totaling 14,868 shares, a growth of 512.6% from the December 31st total of 2,427 shares. Based on an average daily volume of 30,670 shares, the short-interest ratio is currently 0.5 days. Currently, 0.4% of the shares of the company are sold short. Currently, 0.4% of the shares of the company are sold short. Based on an average daily volume of 30,670 shares, the short-interest ratio is currently 0.5 days.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Milestones Private Investment Advisors LLC boosted its holdings in shares of First Trust Consumer Staples AlphaDEX Fund by 13.6% during the fourth quarter. Milestones Private Investment Advisors LLC now owns 56,639 shares of the company’s stock worth $3,437,000 after acquiring an additional 6,787 shares during the period. Sound Income Strategies LLC acquired a new stake in shares of First Trust Consumer Staples AlphaDEX Fund during the fourth quarter worth $215,000. Stratos Wealth Partners LTD. grew its stake in shares of First Trust Consumer Staples AlphaDEX Fund by 2.8% in the fourth quarter. Stratos Wealth Partners LTD. now owns 6,860 shares of the company’s stock valued at $416,000 after acquiring an additional 190 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new position in First Trust Consumer Staples AlphaDEX Fund during the third quarter worth about $49,000. Finally, Flow Traders U.S. LLC bought a new stake in First Trust Consumer Staples AlphaDEX Fund in the 3rd quarter valued at about $301,000.

First Trust Consumer Staples AlphaDEX Fund Stock Down 1.0%

Shares of NYSEARCA FXG traded down $0.66 during midday trading on Wednesday, hitting $64.56. 23,891 shares of the company’s stock were exchanged, compared to its average volume of 25,788. The firm has a market capitalization of $267.92 million, a PE ratio of 15.10 and a beta of 0.56. First Trust Consumer Staples AlphaDEX Fund has a 12 month low of $59.67 and a 12 month high of $66.68. The company’s 50 day moving average price is $62.14 and its 200 day moving average price is $62.89.

First Trust Consumer Staples AlphaDEX Fund Company Profile

First Trust Consumer Staples 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 StrataQuant Consumer Staples Index (the Index). The Index is an enhanced index created and administered by the AMEX, which employs the AlphaDEX stock selection methodology to select stocks from the Russell 1000 Index. The AMEX constructs the Index by ranking the stocks, which are members of the Russell 1000 Index on growth factors, including 3, 6 and 12-month price appreciation, sales to price and one-year sales growth, and separately on value factors, including book value to price, cash flow to price and return on assets.