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 August 31st, traders have sold 6,300 shares of FYX short. Learn More on First Trust Small Cap Core AlphaDEX Fund's current short interest.

First Trust Small Cap Core AlphaDEX Fund saw a drop in short interest in the month of August. As of August 31st, there was short interest totaling 6,300 shares, a drop of 24.1% from the previous total of 8,300 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: Vanguard Russell 2000 Value ETF (0.24%), Vanguard Russell 2000 Growth ETF (0.16%), Invesco DWA SmallCap Momentum ETF (0.17%), VictoryShares US Small Cap High Div Volatility Wtd ETF (0.14%), First Trust Emerging Markets Small Cap AlphaDEX Fund (1.53%), Principal U.S. Small-Cap Multi-Factor ETF (0.19%), First Trust Small Cap Growth AlphaDEX Fund (0.08%), VictoryShares US Small Mid Cap Value Momentum ETF (0.39%), iShares MSCI Brazil Small-Cap ETF (2.48%), IQ Chaikin U.S. Small Cap ETF (0.21%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($3.69 billion), Canadian Natural Resources Limited ($3.67 billion), T-Mobile US, Inc. ($3.56 billion), Suncor Energy Inc. ($3.20 billion), Occidental Petroleum Co. ($3.19 billion), Celsius Holdings, Inc. ($2.09 billion), Tractor Supply ($2.08 billion), Moderna, Inc. ($2.04 billion), Royal Caribbean Cruises Ltd. ($2.00 billion), and Rivian Automotive, Inc. ($1.96 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 $0.48 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 August, 31 2023.