Short Interest in First Trust Mid Cap Core AlphaDEX Fund (NASDAQ:FNX) Rises By 1,931.3%

First Trust Mid Cap Core AlphaDEX Fund (NASDAQ:FNX - Get Free Report) was the target of a significant increase in short interest in April. As of April 15th, there was short interest totalling 32,500 shares, an increase of 1,931.3% from the March 31st total of 1,600 shares. Based on an average trading volume of 31,400 shares, the days-to-cover ratio is presently 1.0 days.

Institutional Trading of First Trust Mid Cap Core AlphaDEX Fund

Hedge funds and other institutional investors have recently bought and sold shares of the company. Anchor Investment Management LLC bought a new stake in First Trust Mid Cap Core AlphaDEX Fund in the fourth quarter valued at about $29,000. Sandy Spring Bank bought a new position in shares of First Trust Mid Cap Core AlphaDEX Fund during the third quarter valued at approximately $36,000. Tower Research Capital LLC TRC grew its holdings in shares of First Trust Mid Cap Core AlphaDEX Fund by 97.8% during the fourth quarter. Tower Research Capital LLC TRC now owns 528 shares of the company's stock valued at $55,000 after purchasing an additional 261 shares during the last quarter. Global Retirement Partners LLC grew its holdings in shares of First Trust Mid Cap Core AlphaDEX Fund by 33.0% during the third quarter. Global Retirement Partners LLC now owns 713 shares of the company's stock valued at $64,000 after purchasing an additional 177 shares during the last quarter. Finally, Principal Securities Inc. bought a new position in shares of First Trust Mid Cap Core AlphaDEX Fund during the fourth quarter valued at approximately $84,000.

First Trust Mid Cap Core AlphaDEX Fund Trading Down 0.7 %

First Trust Mid Cap Core AlphaDEX Fund stock traded down $0.75 during midday trading on Thursday, hitting $107.29. The stock had a trading volume of 18,121 shares, compared to its average volume of 31,258. The stock has a market cap of $1.15 billion, a P/E ratio of 12.73 and a beta of 1.20. First Trust Mid Cap Core AlphaDEX Fund has a 12 month low of $85.01 and a 12 month high of $113.75. The business has a fifty day moving average price of $108.47 and a 200 day moving average price of $101.12.

First Trust Mid Cap Core AlphaDEX Fund Dividend Announcement

The company also recently disclosed a dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 22nd were issued a $0.1685 dividend. The ex-dividend date was Thursday, March 21st.

First Trust Mid Cap Core AlphaDEX Fund Company Profile

The First Trust Mid Cap Core AlphaDEX Fund (FNX) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Mid Cap Core index. The fund tracks a tiered equal-weighted index of US mid-cap equities selected using both growth and value screens. FNX was launched on May 8, 2007 and is managed by First Trust.