First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX) Short Interest Up 262.3% in April

First Trust Small Cap Core AlphaDEX Fund (NASDAQ:FYX) was the recipient of a significant growth in short interest in the month of April. As of April 15th, there was short interest totaling 45,139 shares, a growth of 262.3% from the March 31st total of 12,459 shares. Currently, 0.5% of the company’s shares are sold short. Based on an average daily volume of 61,687 shares, the days-to-cover ratio is currently 0.7 days.

First Trust Small Cap Core AlphaDEX Fund Stock Up 0.2%

FYX stock traded up $0.27 during trading on Monday, hitting $132.25. The company had a trading volume of 3,236 shares, compared to its average volume of 35,651. The firm has a market capitalization of $1.20 billion, a P/E ratio of 13.79 and a beta of 1.06. First Trust Small Cap Core AlphaDEX Fund has a 52-week low of $85.05 and a 52-week high of $133.76. The company has a 50 day simple moving average of $122.87 and a 200-day simple moving average of $117.42.

First Trust Small Cap Core AlphaDEX Fund Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th were paid a dividend of $0.2029 per share. This represents a $0.81 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend was Thursday, March 26th.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of FYX. Thurston Springer Miller Herd & Titak Inc. raised its position in First Trust Small Cap Core AlphaDEX Fund by 67.4% during the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 405 shares of the company’s stock valued at $46,000 after purchasing an additional 163 shares in the last quarter. CX Institutional bought a new stake in shares of First Trust Small Cap Core AlphaDEX Fund in the third quarter valued at about $68,000. Sound Income Strategies LLC purchased a new stake in First Trust Small Cap Core AlphaDEX Fund in the fourth quarter worth about $161,000. Walkner Condon Financial Advisors LLC bought a new position in First Trust Small Cap Core AlphaDEX Fund during the 3rd quarter worth about $201,000. Finally, Sagespring Wealth Partners LLC bought a new position in First Trust Small Cap Core AlphaDEX Fund during the 4th quarter worth about $203,000.

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.