First Trust Small Cap Growth AlphaDEX Fund (NASDAQ:FYC) Short Interest Update

First Trust Small Cap Growth AlphaDEX Fund (NASDAQ:FYC) was the target of a large drop in short interest in the month of January. As of January 15th, there was short interest totalling 4,600 shares, a drop of 89.9% from the December 31st total of 45,700 shares. Based on an average daily trading volume, of 46,800 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Trading of First Trust Small Cap Growth AlphaDEX Fund

Several institutional investors and hedge funds have recently bought and sold shares of the business. Kingsview Wealth Management LLC lifted its stake in First Trust Small Cap Growth AlphaDEX Fund by 53.4% during the third quarter. Kingsview Wealth Management LLC now owns 95,911 shares of the company’s stock worth $7,133,000 after purchasing an additional 33,379 shares during the last quarter. US Bancorp DE boosted its stake in shares of First Trust Small Cap Growth AlphaDEX Fund by 3.1% in the 3rd quarter. US Bancorp DE now owns 22,212 shares of the company’s stock worth $1,656,000 after buying an additional 670 shares during the last quarter. Farther Finance Advisors LLC purchased a new position in First Trust Small Cap Growth AlphaDEX Fund in the third quarter valued at approximately $489,000. Raymond James & Associates increased its holdings in shares of First Trust Small Cap Growth AlphaDEX Fund by 52.3% in the third quarter. Raymond James & Associates now owns 78,513 shares of the company’s stock worth $5,839,000 after purchasing an additional 26,945 shares during the period. Finally, Gateway Wealth Partners LLC increased its stake in First Trust Small Cap Growth AlphaDEX Fund by 2.3% in the third quarter. Gateway Wealth Partners LLC now owns 9,103 shares of the company’s stock valued at $677,000 after acquiring an additional 207 shares during the last quarter.

First Trust Small Cap Growth AlphaDEX Fund Stock Up 0.8 %

FYC traded up $0.65 during trading on Tuesday, hitting $79.29. The company’s stock had a trading volume of 36,667 shares, compared to its average volume of 57,810. The firm’s 50 day moving average price is $80.28 and its two-hundred day moving average price is $75.54. The stock has a market capitalization of $483.64 million, a price-to-earnings ratio of 15.06 and a beta of 1.19. First Trust Small Cap Growth AlphaDEX Fund has a 12 month low of $60.24 and a 12 month high of $85.01.

First Trust Small Cap Growth AlphaDEX Fund Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were issued a dividend of $0.1473 per share. The ex-dividend date of this dividend was Friday, December 13th.

First Trust Small Cap Growth AlphaDEX Fund Company Profile

The First Trust Small Cap Growth AlphaDEX Fund (FYC) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Small Cap Growth index. The fund tracks a quant-driven index that select stocks from a small-cap growth universe in an attempt to outperform the market. FYC was launched on Apr 18, 2011 and is managed by First Trust.