First Trust Small Cap Growth AlphaDEX Fund (NASDAQ:FYC - Get Free Report) was the recipient of a large growth in short interest in May. As of May 15th, there was short interest totalling 76,100 shares, a growth of 358.4% from the April 30th total of 16,600 shares. Currently, 1.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 44,000 shares, the short-interest ratio is presently 1.7 days.
First Trust Small Cap Growth AlphaDEX Fund Trading Down 0.7%
FYC traded down $0.50 on Friday, reaching $73.97. The company had a trading volume of 11,971 shares, compared to its average volume of 35,776. First Trust Small Cap Growth AlphaDEX Fund has a one year low of $59.29 and a one year high of $85.01. The company has a market capitalization of $425.33 million, a P/E ratio of 17.33 and a beta of 1.19. The company has a fifty day moving average of $69.31 and a 200-day moving average of $74.96.
Institutional Investors Weigh In On First Trust Small Cap Growth AlphaDEX Fund
A number of institutional investors and hedge funds have recently bought and sold shares of the business. LPL Financial LLC lifted its holdings in First Trust Small Cap Growth AlphaDEX Fund by 3.2% in the 1st quarter. LPL Financial LLC now owns 592,006 shares of the company's stock valued at $40,730,000 after acquiring an additional 18,177 shares during the last quarter. Wells Fargo & Company MN lifted its holdings in First Trust Small Cap Growth AlphaDEX Fund by 60.2% in the 4th quarter. Wells Fargo & Company MN now owns 410,264 shares of the company's stock valued at $31,767,000 after acquiring an additional 154,103 shares during the last quarter. Cetera Investment Advisers lifted its holdings in First Trust Small Cap Growth AlphaDEX Fund by 41.2% in the 1st quarter. Cetera Investment Advisers now owns 154,934 shares of the company's stock valued at $10,659,000 after acquiring an additional 45,204 shares during the last quarter. Eclectic Associates Inc. ADV lifted its holdings in First Trust Small Cap Growth AlphaDEX Fund by 6.0% in the 1st quarter. Eclectic Associates Inc. ADV now owns 135,863 shares of the company's stock valued at $9,348,000 after acquiring an additional 7,671 shares during the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in First Trust Small Cap Growth AlphaDEX Fund in the 4th quarter valued at about $10,409,000.
About First Trust Small Cap Growth AlphaDEX Fund
(
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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.
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