First Trust Small Cap Value AlphaDEX Fund (FYT) Short Interest Ratio & Short Volume

Short interest is the volume of First Trust Small Cap Value AlphaDEX Fund shares that have been sold short but have not yet been closed out or covered. As of March 15th, investors have sold 200 shares of FYT short. Learn More on First Trust Small Cap Value AlphaDEX Fund's current short interest.

First Trust Small Cap Value AlphaDEX Fund saw a increase in short interest during the month of March. As of March 15th, there was short interest totaling 200 shares, an increase of 100.0% from the previous total of 100 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 Small Cap Value AlphaDEX Fund: iShares MSCI Brazil Small-Cap ETF (0.06%), VictoryShares US Small Mid Cap Value Momentum ETF (96.14%), Janus Henderson Small/Mid Cap Growth Alpha ETF (0.15%), IQ Chaikin U.S. Small Cap ETF (0.01%), First Trust Small Cap Growth AlphaDEX Fund (0.01%), iShares MSCI Europe Small-Cap ETF (0.22%), VictoryShares US Small Cap High Div Volatility Wtd ETF (0.02%), Janus Henderson Small Cap Growth Alpha ETF (0.01%), VictoryShares US Discovery Enhanced Volatility Wtd ETF (0.01%), First Trust Emerging Markets Small Cap AlphaDEX Fund (0.36%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Cummins Inc. ($8.93 billion), Canadian Natural Resources Limited ($7.79 billion), Super Micro Computer, Inc. ($4.31 billion), T-Mobile US, Inc. ($4.00 billion), General Motors ($3.36 billion), Occidental Petroleum Co. ($3.10 billion), Charter Communications, Inc. ($2.92 billion), Coinbase Global, Inc. ($2.74 billion), Tractor Supply ($2.72 billion), and Moderna, Inc. ($2.31 billion). View all of the most shorted stocks.

Short selling FYT is an investing strategy that aims to generate trading profit from First Trust Small Cap Value AlphaDEX Fund as its price is falling. FYT shares are trading up $0.60 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 Small 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 FYT, 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 FYT, twice per month. The most recent reporting period available is March, 15 2024.