Short Interest in First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) Decreases By 85.8%

First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) saw a large decline in short interest in April. As of April 15th, there was short interest totaling 12,527 shares, a decline of 85.8% from the March 31st total of 88,405 shares. Based on an average trading volume of 56,402 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.2% of the company’s stock are short sold.

First Trust Industrials/Producer Durables AlphaDEX Fund Stock Down 0.8%

Shares of FXR traded down $0.74 during trading hours on Friday, reaching $87.42. The company’s stock had a trading volume of 40,523 shares, compared to its average volume of 76,863. The company has a 50 day moving average of $85.66 and a two-hundred day moving average of $82.75. The firm has a market cap of $699.36 million, a price-to-earnings ratio of 17.44 and a beta of 1.13. First Trust Industrials/Producer Durables AlphaDEX Fund has a 1-year low of $66.03 and a 1-year high of $92.78.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. Earned Wealth Advisors LLC purchased a new stake in First Trust Industrials/Producer Durables AlphaDEX Fund in the 4th quarter worth approximately $21,828,000. Daymark Wealth Partners LLC grew its holdings in shares of First Trust Industrials/Producer Durables AlphaDEX Fund by 333.6% during the 3rd quarter. Daymark Wealth Partners LLC now owns 87,690 shares of the company’s stock valued at $6,845,000 after acquiring an additional 67,464 shares in the last quarter. Virtue Capital Management LLC grew its holdings in shares of First Trust Industrials/Producer Durables AlphaDEX Fund by 167.8% during the 4th quarter. Virtue Capital Management LLC now owns 90,812 shares of the company’s stock valued at $7,392,000 after acquiring an additional 56,905 shares in the last quarter. BNP Paribas Financial Markets acquired a new position in shares of First Trust Industrials/Producer Durables AlphaDEX Fund in the third quarter worth $3,903,000. Finally, Arkadios Wealth Advisors increased its stake in shares of First Trust Industrials/Producer Durables AlphaDEX Fund by 705.6% in the fourth quarter. Arkadios Wealth Advisors now owns 50,075 shares of the company’s stock worth $3,999,000 after acquiring an additional 43,859 shares during 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.