First Trust Mid Cap Core AlphaDEX Fund (NASDAQ:FNX) Sees Large Drop in Short Interest

First Trust Mid Cap Core AlphaDEX Fund (NASDAQ:FNXGet Free Report) was the recipient of a significant decrease in short interest in the month of February. As of February 15th, there was short interest totalling 100 shares, a decrease of 83.3% from the January 31st total of 600 shares. Based on an average trading volume of 32,000 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Investors Weigh In On First Trust Mid Cap Core AlphaDEX Fund

Large investors have recently made changes to their positions in the company. Tower Research Capital LLC TRC acquired a new stake in shares of First Trust Mid Cap Core AlphaDEX Fund in the third quarter valued at approximately $25,000. Anchor Investment Management LLC acquired a new stake in shares of First Trust Mid Cap Core AlphaDEX Fund in the fourth quarter valued at approximately $29,000. Sandy Spring Bank acquired a new stake in shares of First Trust Mid Cap Core AlphaDEX Fund in the third quarter valued at approximately $36,000. Ancora Advisors LLC acquired a new stake in shares of First Trust Mid Cap Core AlphaDEX Fund in the first quarter valued at approximately $37,000. Finally, Global Retirement Partners LLC increased its stake in shares of First Trust Mid Cap Core AlphaDEX Fund by 33.0% in the third quarter. Global Retirement Partners LLC now owns 713 shares of the company’s stock valued at $64,000 after purchasing an additional 177 shares during the period.

First Trust Mid Cap Core AlphaDEX Fund Trading Down 0.3 %

FNX traded down $0.32 on Wednesday, hitting $106.81. 13,197 shares of the company’s stock were exchanged, compared to its average volume of 34,497. The firm has a market cap of $1.15 billion, a PE ratio of 11.89 and a beta of 1.20. First Trust Mid Cap Core AlphaDEX Fund has a twelve month low of $83.86 and a twelve month high of $107.30. The stock has a fifty day moving average of $103.33 and a two-hundred day moving average of $96.86.

First Trust Mid Cap Core AlphaDEX Fund Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 29th. Investors of record on Tuesday, December 26th were paid a dividend of $0.4394 per share. The ex-dividend date of this dividend was Friday, December 22nd. This represents a $1.76 annualized dividend and a yield of 1.65%.

About First Trust Mid Cap Core AlphaDEX Fund

(Get Free Report)

The First Trust Mid Cap Core AlphaDEX Fund (FNX) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Mid Cap Core index. The fund tracks a tiered equal-weighted index of US mid-cap equities selected using both growth and value screens. FNX was launched on May 8, 2007 and is managed by First Trust.

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