First Trust Multi Cap Value AlphaDEX Fund (NASDAQ:FAB) Short Interest Up 20.0% in February

First Trust Multi Cap Value AlphaDEX Fund (NASDAQ:FAB) was the recipient of a large increase in short interest during the month of February. As of February 28th, there was short interest totalling 600 shares, an increase of 20.0% from the February 13th total of 500 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 4,600 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Trading of First Trust Multi Cap Value AlphaDEX Fund

A number of hedge funds have recently bought and sold shares of the company. Stratos Wealth Partners LTD. lifted its position in First Trust Multi Cap Value AlphaDEX Fund by 3.1% in the 4th quarter. Stratos Wealth Partners LTD. now owns 5,539 shares of the company’s stock worth $457,000 after buying an additional 164 shares during the last quarter. PFG Investments LLC lifted its position in First Trust Multi Cap Value AlphaDEX Fund by 10.8% in the 4th quarter. PFG Investments LLC now owns 4,348 shares of the company’s stock worth $359,000 after buying an additional 424 shares during the last quarter. Quad Cities Investment Group LLC lifted its position in First Trust Multi Cap Value AlphaDEX Fund by 5.6% in the 4th quarter. Quad Cities Investment Group LLC now owns 9,064 shares of the company’s stock worth $748,000 after buying an additional 481 shares during the last quarter. Jones Financial Companies Lllp lifted its position in First Trust Multi Cap Value AlphaDEX Fund by 39.7% in the 4th quarter. Jones Financial Companies Lllp now owns 2,563 shares of the company’s stock worth $211,000 after buying an additional 728 shares during the last quarter. Finally, Stifel Financial Corp lifted its position in First Trust Multi Cap Value AlphaDEX Fund by 3.2% in the 4th quarter. Stifel Financial Corp now owns 23,590 shares of the company’s stock worth $1,946,000 after buying an additional 730 shares during the last quarter.

First Trust Multi Cap Value AlphaDEX Fund Trading Up 1.0 %

Shares of FAB opened at $80.47 on Thursday. The stock has a 50-day moving average price of $82.65 and a 200-day moving average price of $83.94. The company has a market cap of $128.75 million, a PE ratio of 12.96 and a beta of 1.22. First Trust Multi Cap Value AlphaDEX Fund has a 12-month low of $77.03 and a 12-month high of $90.30.

About First Trust Multi Cap Value AlphaDEX Fund

The First Trust Multi Cap Value AlphaDEX Fund (FAB) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Multi Cap Value index. The fund tracks an index that uses fundamental factors to select and weight value stocks from the Nasdaq US Select Indices. FAB was launched on May 8, 2007 and is managed by First Trust.