First Trust Consumer Discretionary AlphaDEX Fund (NYSEARCA:FXD) Short Interest Update

First Trust Consumer Discretionary AlphaDEX Fund (NYSEARCA:FXD) was the target of a large decrease in short interest during the month of January. As of January 15th, there was short interest totaling 66,709 shares, a decrease of 20.9% from the December 31st total of 84,288 shares. Currently, 1.5% of the shares of the stock are sold short. Based on an average daily volume of 31,761 shares, the short-interest ratio is presently 2.1 days. Based on an average daily volume of 31,761 shares, the short-interest ratio is presently 2.1 days. Currently, 1.5% of the shares of the stock are sold short.

First Trust Consumer Discretionary AlphaDEX Fund Price Performance

NYSEARCA FXD traded down $0.43 during trading hours on Friday, reaching $68.83. The company’s stock had a trading volume of 5,991 shares, compared to its average volume of 26,055. First Trust Consumer Discretionary AlphaDEX Fund has a 52 week low of $49.83 and a 52 week high of $72.35. The firm has a fifty day simple moving average of $69.40 and a 200-day simple moving average of $67.74. The stock has a market cap of $316.62 million, a P/E ratio of 13.17 and a beta of 1.20.

Institutional Trading of First Trust Consumer Discretionary AlphaDEX Fund

Hedge funds have recently modified their holdings of the stock. Benjamin Edwards Inc. purchased a new stake in First Trust Consumer Discretionary AlphaDEX Fund in the third quarter worth $1,805,000. CX Institutional boosted its position in First Trust Consumer Discretionary AlphaDEX Fund by 15.1% during the third quarter. CX Institutional now owns 3,543 shares of the company’s stock worth $242,000 after purchasing an additional 464 shares during the period. Natural Investments LLC bought a new stake in shares of First Trust Consumer Discretionary AlphaDEX Fund in the third quarter valued at approximately $140,000. TradeWell Securities LLC. boosted its holdings in First Trust Consumer Discretionary AlphaDEX Fund by 10.1% in the 3rd quarter. TradeWell Securities LLC. now owns 24,880 shares of the company’s stock worth $1,695,000 after buying an additional 2,276 shares during the period. Finally, Osaic Holdings Inc. grew its stake in First Trust Consumer Discretionary AlphaDEX Fund by 11.3% in the 2nd quarter. Osaic Holdings Inc. now owns 42,749 shares of the company’s stock valued at $2,712,000 after buying an additional 4,339 shares in the last quarter.

First Trust Consumer Discretionary AlphaDEX Fund Company Profile

First Trust Consumer Discretionary 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 Discretionary 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.