First Trust Mid Cap Value AlphaDEX Fund (FNK) Short Interest Ratio & Short Volume

Short interest is the volume of First Trust Mid Cap Value AlphaDEX Fund shares that have been sold short but have not yet been covered or closed out. As of September 30th, traders have sold 100 shares of FNK short. Learn More on First Trust Mid Cap Value AlphaDEX Fund's current short interest.

First Trust Mid Cap Value AlphaDEX Fund saw a decline in short interest in the month of September. As of September 30th, there was short interest totaling 100 shares, a decline of 99.9% from the previous total of 115,400 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 Mid Cap Value AlphaDEX Fund: First Trust Mid Cap Growth AlphaDEX Fund (0.71%), Argent Mid Cap ETF (0.42%), iShares Morningstar Mid-Cap Value ETF (0.53%), and First Trust Mid Cap Core AlphaDEX Fund (0.01%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Occidental Petroleum Co. ($3.27 billion), Charter Communications, Inc. ($2.66 billion), TC Energy Co. ($2.53 billion), Chesapeake Energy Co. ($1.86 billion), Coinbase Global, Inc. ($1.83 billion), Lucid Group, Inc. ($1.78 billion), T. Rowe Price Group, Inc. ($1.77 billion), Rivian Automotive, Inc. ($1.69 billion), Zoom Video Communications, Inc. ($1.35 billion), and Williams-Sonoma, Inc. ($1.35 billion). View all of the most shorted stocks.

Short selling FNK is an investing strategy that aims to generate trading profit from First Trust Mid Cap Value AlphaDEX Fund as its price is falling. FNK shares are trading down $0.29 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 Mid Cap Value AlphaDEX Fund occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of FNK, 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 FNK, twice per month. The most recent reporting period available is September, 30 2022.