First Trust Small Cap Core AlphaDEX Fund (FYX) Short Interest Ratio & Short Volume

Short interest is the volume of First Trust Small Cap Core AlphaDEX Fund shares that have been sold short but have not yet been covered or closed out. As of February 15th, investors have sold 33,400 shares of FYX short. Learn More on First Trust Small Cap Core 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. FYX shares currently have a short interest ratio of 1.0. Learn More on First Trust Small Cap Core AlphaDEX Fund's short interest ratio.

First Trust Small Cap Core AlphaDEX Fund saw a decrease in short interest in February. As of February 15th, there was short interest totaling 33,400 shares, a decrease of 41.8% from the previous total of 57,400 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 Small Cap Core AlphaDEX Fund: Invesco DWA SmallCap Momentum ETF (0.12%), Vanguard Russell 2000 Growth ETF (1.19%), Vanguard Russell 2000 Value ETF (0.50%), EA Bridgeway Omni Small-Cap Value ETF (0.12%), Principal U.S. Small-Cap Multi-Factor ETF (0.13%), First Trust Emerging Markets Small Cap AlphaDEX Fund (0.25%), VictoryShares US Small Cap High Div Volatility Wtd ETF (0.03%), First Trust Small Cap Growth AlphaDEX Fund (0.18%), VictoryShares US Small Mid Cap Value Momentum ETF (0.49%), iShares MSCI Brazil Small-Cap ETF (0.16%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Super Micro Computer, Inc. ($5.32 billion), T-Mobile US, Inc. ($4.38 billion), General Motors ($3.76 billion), Occidental Petroleum Co. ($3.08 billion), Charter Communications, Inc. ($2.65 billion), Coinbase Global, Inc. ($2.62 billion), Tractor Supply ($2.52 billion), Moderna, Inc. ($2.19 billion), Rivian Automotive, Inc. ($1.84 billion), and Royal Caribbean Cruises Ltd. ($1.78 billion). View all of the most shorted stocks.

Short selling FYX is an investing strategy that aims to generate trading profit from First Trust Small Cap Core AlphaDEX Fund as its price is falling. FYX shares are trading down $0.73 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 Core 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 FYX, 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 FYX, twice per month. The most recent reporting period available is February, 15 2024.