First Trust Multi Cap Value AlphaDEX Fund - FAB Short Interest Ratio & Short Volume

Short interest is the volume of First Trust Multi Cap Value AlphaDEX Fund shares that have been sold short but have not yet been covered or closed out. As of February 28th, traders have sold 24,100 shares of FAB short. Learn More on First Trust Multi Cap Value AlphaDEX Fund's current short interest.

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. FAB shares currently have a short interest ratio of 1.0. Learn More on First Trust Multi Cap Value AlphaDEX Fund's short interest ratio.

As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of First Trust Multi Cap Value AlphaDEX Fund: Concourse Financial Group Securities Inc.. These positions are disclosed in Form 13F filings with the Securities and Exchange Commission.

First Trust Multi Cap Value AlphaDEX Fund saw a increase in short interest during the month of February. As of February 28th, there was short interest totaling 24,100 shares, an increase of 58.6% from the previous total of 15,200 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

Here is how the short interest of companies compare to First Trust Multi Cap Value AlphaDEX Fund: First Trust BICK Index Fund (6.40%), iShares Currency Hedged MSCI Germany ETF (0.53%), First Trust Japan AlphaDEX Fund (0.32%), WisdomTree Japan Hedged SmallCap Equity Fund (5.22%), First Trust Dorsey Wright Momentum & Dividend ETF (0.03%), First Trust Germany AlphaDEX Fund (1.00%), iShares MSCI Emerging Markets ex China ETF (1.26%), First Trust Dorsey Wright Momentum & Value ETF (0.23%), First Trust RiverFront Dynamic Europe ETF (9.73%), and First Trust United Kingdom AlphaDEX Fund (10.43%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Suncor Energy Inc. ($3.27 billion), Occidental Petroleum Co. ($2.77 billion), Coinbase Global, Inc. ($2.25 billion), T. Rowe Price Group, Inc. ($2.23 billion), Paramount Global ($1.92 billion), Etsy, Inc. ($1.75 billion), Voya Financial, Inc. ($1.74 billion), CarMax, Inc. ($1.62 billion), Old Dominion Freight Line, Inc. ($1.62 billion), and Royal Caribbean Cruises Ltd. ($1.39 billion). View all of the most shorted stocks.

Short selling FAB is an investing strategy that aims to generate trading profit from First Trust Multi Cap Value AlphaDEX Fund as its price is falling. FAB shares are trading down $1.85 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for First Trust Multi Cap Value AlphaDEX Fund occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of FAB, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including FAB, twice per month. The most recent reporting period available is February, 28 2023.