Short Interest in First Trust Mid Cap Growth AlphaDEX Fund (NASDAQ:FNY) Increases By 108.0%

Posted by Trevor Kearing on Aug 29th, 2026

First Trust Mid Cap Growth AlphaDEX Fund (NASDAQ:FNY – Get Free Report) was the recipient of a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 75,383 shares, an increase of 108.0% from the July 30th total of 36,249 shares. Based on an average trading volume of 17,493 shares, the days-to-cover ratio is presently 4.3 days. Currently, 1.3% of the shares of the company are sold short.

First Trust Mid Cap Growth AlphaDEX Fund Stock Performance

Shares of NASDAQ FNY opened at $103.00 on Friday. The stock has a fifty day moving average price of $105.50 and a two-hundred day moving average price of $100.81. First Trust Mid Cap Growth AlphaDEX Fund has a 1 year low of $85.09 and a 1 year high of $111.06. The firm has a market cap of $581.95 million, a P/E ratio of 24.50 and a beta of 1.19.

Hedge Funds Weigh In On First Trust Mid Cap Growth AlphaDEX Fund

A number of hedge funds have recently made changes to their positions in the business. Ascentis Independent Advisors bought a new stake in First Trust Mid Cap Growth AlphaDEX Fund during the first quarter worth about $28,000. Western Wealth Management LLC bought a new position in First Trust Mid Cap Growth AlphaDEX Fund in the first quarter valued at about $38,000. Central Pacific Bank Trust Division bought a new position in shares of First Trust Mid Cap Growth AlphaDEX Fund in the 2nd quarter valued at about $44,000. MidFirst Bank acquired a new stake in First Trust Mid Cap Growth AlphaDEX Fund during the 4th quarter worth $52,000. Finally, Advisory Services Network LLC acquired a new stake in shares of First Trust Mid Cap Growth AlphaDEX Fund during the third quarter worth $192,000.

First Trust Mid Cap Growth AlphaDEX Fund Company Profile

(Get Free Report)

The First Trust Mid Cap Growth AlphaDEX Fund (FNY) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Mid Cap Growth index. The fund tracks a tiered equal-weighted index of mid-cap growth stocks selected by AlphaDex selection methodology from the S&P 400 Index. FNY was launched on Apr 18, 2011 and is managed by First Trust.