First Trust MultiCap Growth AlphaDEX Fund (NASDAQ:FAD) Short Interest Update

First Trust MultiCap Growth AlphaDEX Fund (NASDAQ:FAD) was the recipient of a large increase in short interest in the month of November. As of November 15th, there was short interest totalling 1,600 shares, an increase of 33.3% from the October 31st total of 1,200 shares. Based on an average trading volume of 4,800 shares, the short-interest ratio is currently 0.3 days.

First Trust MultiCap Growth AlphaDEX Fund Stock Up 0.5 %

Shares of First Trust MultiCap Growth AlphaDEX Fund stock opened at $149.78 on Friday. First Trust MultiCap Growth AlphaDEX Fund has a 12-month low of $103.90 and a 12-month high of $150.30. The company has a market capitalization of $239.65 million, a price-to-earnings ratio of 18.90 and a beta of 1.10. The firm’s 50-day moving average price is $138.79 and its two-hundred day moving average price is $129.61.

First Trust MultiCap Growth AlphaDEX Fund Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were paid a $0.3848 dividend. This is an increase from First Trust MultiCap Growth AlphaDEX Fund’s previous quarterly dividend of $0.05. The ex-dividend date was Thursday, September 26th. This represents a $1.54 annualized dividend and a yield of 1.03%.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Proactive Wealth Strategies LLC bought a new stake in shares of First Trust MultiCap Growth AlphaDEX Fund in the third quarter worth $709,000. Wealth Enhancement Advisory Services LLC grew its position in shares of First Trust MultiCap Growth AlphaDEX Fund by 7.6% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 2,065 shares of the company’s stock valued at $276,000 after buying an additional 145 shares during the last quarter. Private Advisor Group LLC increased its stake in shares of First Trust MultiCap Growth AlphaDEX Fund by 4.1% in the third quarter. Private Advisor Group LLC now owns 16,677 shares of the company’s stock valued at $2,228,000 after buying an additional 656 shares during the period. International Assets Investment Management LLC raised its position in shares of First Trust MultiCap Growth AlphaDEX Fund by 13,486.0% during the third quarter. International Assets Investment Management LLC now owns 297,126 shares of the company’s stock worth $39,696,000 after acquiring an additional 294,939 shares during the last quarter. Finally, Sanctuary Advisors LLC bought a new position in shares of First Trust MultiCap Growth AlphaDEX Fund during the second quarter worth about $449,000.

First Trust MultiCap Growth AlphaDEX Fund Company Profile

First Trust Multi Cap Growth 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 Defined Multi Cap Growth Index (the Index). The Index is an enhanced index created and administered by Standard & Poor’s, which selects stocks from the S&P Composite 1500/Citigroup Growth Index.