First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX) Short Interest Down 65.2% in March

First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX) saw a large drop in short interest in March. As of March 13th, there was short interest totaling 22,544 shares, a drop of 65.2% from the February 26th total of 64,746 shares. Based on an average daily volume of 25,356 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.3% of the shares of the company are sold short.

Hedge Funds Weigh In On First Trust Small Cap Core AlphaDEX Fund

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Rockefeller Capital Management L.P. grew its position in First Trust Small Cap Core AlphaDEX Fund by 50.1% in the fourth quarter. Rockefeller Capital Management L.P. now owns 8,933 shares of the company’s stock valued at $1,011,000 after acquiring an additional 2,980 shares during the period. Catalyst Investment Management LLC acquired a new stake in shares of First Trust Small Cap Core AlphaDEX Fund in the 4th quarter valued at $1,654,000. Axxcess Wealth Management LLC acquired a new stake in shares of First Trust Small Cap Core AlphaDEX Fund in the 4th quarter valued at $529,000. Troutman Wealth Management LLC bought a new stake in shares of First Trust Small Cap Core AlphaDEX Fund in the 4th quarter worth about $3,659,000. Finally, NewEdge Advisors LLC grew its holdings in shares of First Trust Small Cap Core AlphaDEX Fund by 370.2% in the 4th quarter. NewEdge Advisors LLC now owns 4,848 shares of the company’s stock worth $548,000 after purchasing an additional 3,817 shares during the last quarter.

First Trust Small Cap Core AlphaDEX Fund Price Performance

Shares of NASDAQ FYX traded down $1.39 during trading hours on Thursday, reaching $119.42. The stock had a trading volume of 29,561 shares, compared to its average volume of 31,441. The business’s fifty day moving average is $121.44 and its two-hundred day moving average is $114.90. The company has a market cap of $1.01 billion, a price-to-earnings ratio of 13.79 and a beta of 1.14. First Trust Small Cap Core AlphaDEX Fund has a twelve month low of $77.66 and a twelve month high of $125.83.

First Trust Small Cap Core AlphaDEX Fund Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th will be issued a $0.2029 dividend. This represents a $0.81 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Thursday, March 26th.

First Trust Small Cap Core AlphaDEX Fund Company Profile

The First Trust Small Cap Core AlphaDEX Fund (FYX) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Small Cap Core index. The fund tracks an index of small-cap stocks selected based on quantitatively driven growth and value factors. FYX was launched on May 8, 2007 and is managed by First Trust.