First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) Short Interest Update

First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) was the target of a large drop in short interest in March. As of March 13th, there was short interest totaling 7,169 shares, a drop of 70.3% from the February 26th total of 24,113 shares. Based on an average trading volume of 64,062 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are short sold.

First Trust Industrials/Producer Durables AlphaDEX Fund Stock Performance

Shares of First Trust Industrials/Producer Durables AlphaDEX Fund stock traded down $1.86 on Thursday, hitting $81.18. The company had a trading volume of 51,270 shares, compared to its average volume of 85,282. First Trust Industrials/Producer Durables AlphaDEX Fund has a 1 year low of $60.01 and a 1 year high of $92.78. The stock has a 50 day moving average of $86.88 and a 200-day moving average of $81.80. The stock has a market capitalization of $718.44 million, a price-to-earnings ratio of 17.44 and a beta of 1.16.

First Trust Industrials/Producer Durables AlphaDEX Fund Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Thursday, March 26th will be given a $0.0848 dividend. This represents a $0.34 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend is Thursday, March 26th.

Hedge Funds Weigh In On First Trust Industrials/Producer Durables AlphaDEX Fund

A number of hedge funds have recently bought and sold shares of the company. Earned Wealth Advisors LLC purchased a new stake in shares of First Trust Industrials/Producer Durables AlphaDEX Fund in the fourth quarter valued at about $21,828,000. Daymark Wealth Partners LLC boosted its holdings in First Trust Industrials/Producer Durables AlphaDEX Fund by 333.6% during the third quarter. Daymark Wealth Partners LLC now owns 87,690 shares of the company’s stock worth $6,845,000 after purchasing an additional 67,464 shares during the last quarter. Virtue Capital Management LLC boosted its holdings in First Trust Industrials/Producer Durables AlphaDEX Fund by 167.8% during the fourth quarter. Virtue Capital Management LLC now owns 90,812 shares of the company’s stock worth $7,392,000 after purchasing an additional 56,905 shares during the last quarter. BNP Paribas Financial Markets bought a new stake in First Trust Industrials/Producer Durables AlphaDEX Fund in the 3rd quarter worth about $3,903,000. Finally, Nilsine Partners LLC grew its position in First Trust Industrials/Producer Durables AlphaDEX Fund by 19.8% in the 3rd quarter. Nilsine Partners LLC now owns 275,024 shares of the company’s stock worth $21,468,000 after purchasing an additional 45,505 shares in the last quarter.

First Trust Industrials/Producer Durables AlphaDEX Fund Company Profile

First Trust Industrials/Producer Durables 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 Industrials 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.