First Trust Small Cap Growth AlphaDEX Fund (NASDAQ:FYC) Short Interest Down 7.0% in November

First Trust Small Cap Growth AlphaDEX Fund (NASDAQ:FYC) saw a large drop in short interest during the month of November. As of November 30th, there was short interest totalling 21,400 shares, a drop of 7.0% from the November 15th total of 23,000 shares. Based on an average daily volume of 29,700 shares, the short-interest ratio is presently 0.7 days.

First Trust Small Cap Growth AlphaDEX Fund Trading Up 1.2 %

Shares of First Trust Small Cap Growth AlphaDEX Fund stock traded up $1.00 during mid-day trading on Monday, hitting $82.37. 19,295 shares of the stock were exchanged, compared to its average volume of 24,903. First Trust Small Cap Growth AlphaDEX Fund has a twelve month low of $58.94 and a twelve month high of $85.01. The stock has a market capitalization of $383.02 million, a price-to-earnings ratio of 15.06 and a beta of 1.19. The company has a 50-day simple moving average of $79.08 and a 200 day simple moving average of $72.68.

First Trust Small Cap Growth AlphaDEX Fund Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th will be issued a dividend of $0.1473 per share. The ex-dividend date is Friday, December 13th.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of FYC. Heritage Oak Wealth Advisors LLC purchased a new position in shares of First Trust Small Cap Growth AlphaDEX Fund during the 3rd quarter worth about $7,128,000. Benjamin Edwards Inc. purchased a new position in First Trust Small Cap Growth AlphaDEX Fund in the third quarter valued at approximately $3,529,000. Kingsview Wealth Management LLC raised its holdings in First Trust Small Cap Growth AlphaDEX Fund by 53.4% in the third quarter. Kingsview Wealth Management LLC now owns 95,911 shares of the company’s stock valued at $7,133,000 after buying an additional 33,379 shares during the period. Raymond James & Associates raised its holdings in First Trust Small Cap Growth AlphaDEX Fund by 52.3% in the third quarter. Raymond James & Associates now owns 78,513 shares of the company’s stock valued at $5,839,000 after buying an additional 26,945 shares during the period. Finally, Stifel Financial Corp raised its holdings in First Trust Small Cap Growth AlphaDEX Fund by 110.6% in the third quarter. Stifel Financial Corp now owns 50,607 shares of the company’s stock valued at $3,764,000 after buying an additional 26,577 shares during the period.

First Trust Small Cap Growth AlphaDEX Fund Company Profile

The First Trust Small Cap Growth AlphaDEX Fund (FYC) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Small Cap Growth index. The fund tracks a quant-driven index that select stocks from a small-cap growth universe in an attempt to outperform the market. FYC was launched on Apr 18, 2011 and is managed by First Trust.