First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) Sees Large Growth in Short Interest

by · The Markets Daily

First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR – Get Free Report) was the target of a significant growth in short interest in December. As of December 15th, there was short interest totaling 408,523 shares, a growth of 1,108.9% from the November 30th total of 33,793 shares. Based on an average daily trading volume, of 1,229,166 shares, the days-to-cover ratio is presently 0.3 days. Currently, 1.8% of the company’s stock are sold short. Currently, 1.8% of the company’s stock are sold short. Based on an average daily trading volume, of 1,229,166 shares, the days-to-cover ratio is presently 0.3 days.

First Trust Industrials/Producer Durables AlphaDEX Fund Stock Up 0.3%

First Trust Industrials/Producer Durables AlphaDEX Fund stock traded up $0.21 during trading on Wednesday, hitting $81.39. The stock had a trading volume of 30,597 shares, compared to its average volume of 124,877. The stock has a market cap of $1.89 billion, a price-to-earnings ratio of 17.44 and a beta of 1.16. First Trust Industrials/Producer Durables AlphaDEX Fund has a 1 year low of $60.01 and a 1 year high of $81.88. The stock’s 50 day moving average is $78.19 and its two-hundred day moving average is $77.47.

Institutional Trading of First Trust Industrials/Producer Durables AlphaDEX Fund

Hedge funds have recently modified their holdings of the business. Comerica Bank increased its holdings in shares of First Trust Industrials/Producer Durables AlphaDEX Fund by 3.1% during the first quarter. Comerica Bank now owns 6,388 shares of the company’s stock valued at $445,000 after acquiring an additional 193 shares in the last quarter. Jones Financial Companies Lllp raised its holdings in shares of First Trust Industrials/Producer Durables AlphaDEX Fund by 31.2% during the first quarter. Jones Financial Companies Lllp now owns 8,792 shares of the company’s stock valued at $612,000 after purchasing an additional 2,093 shares during the last quarter. Geneos Wealth Management Inc. lifted its position in First Trust Industrials/Producer Durables AlphaDEX Fund by 10.4% during the first quarter. Geneos Wealth Management Inc. now owns 1,611 shares of the company’s stock valued at $112,000 after purchasing an additional 152 shares during the period. Apeiron RIA LLC lifted its position in First Trust Industrials/Producer Durables AlphaDEX Fund by 4.0% during the first quarter. Apeiron RIA LLC now owns 20,914 shares of the company’s stock valued at $1,456,000 after purchasing an additional 802 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. lifted its holdings in First Trust Industrials/Producer Durables AlphaDEX Fund by 71,857.1% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 15,111 shares of the company’s stock valued at $1,122,000 after acquiring an additional 15,090 shares during the period.

About First Trust Industrials/Producer Durables AlphaDEX Fund

(Get Free Report)

First Trust Industrials/Producer Durables 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 StrataQuant Industrials Index (the Index). The Index is an enhanced index created and administered by the AMEX, which employs the AlphaDEX stock selection methodology to select stocks from the Russell 1000 Index. The AMEX constructs the Index by ranking the stocks, which are members of the Russell 1000 Index on growth factors, including 3, 6 and 12-month price appreciation, sales to price and one year-sales growth, and separately on value factors, including book value to price, cash flow to price and return on assets.

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