First Trust Mid Cap Value AlphaDEX Fund (NASDAQ:FNK – Get Free Report) saw a large increase in short interest during the month of August. As of August 31st, there was short interest totalling 54,500 shares, an increase of 358.0% from the August 15th total of 11,900 shares. Based on an average daily trading volume, of 12,000 shares, the days-to-cover ratio is presently 4.5 days.
First Trust Mid Cap Value AlphaDEX Fund Stock Performance
Shares of FNK stock traded up $0.43 during midday trading on Thursday, hitting $51.75. 4,665 shares of the company were exchanged, compared to its average volume of 18,036. First Trust Mid Cap Value AlphaDEX Fund has a 52 week low of $41.61 and a 52 week high of $56.14. The firm has a market capitalization of $212.16 million, a P/E ratio of 10.86 and a beta of 1.29. The firm’s 50 day moving average price is $52.96 and its two-hundred day moving average price is $52.22.
First Trust Mid Cap Value AlphaDEX Fund Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Thursday, June 27th were issued a dividend of $0.212 per share. This represents a $0.85 dividend on an annualized basis and a dividend yield of 1.64%. The ex-dividend date of this dividend was Thursday, June 27th.
Institutional Trading of First Trust Mid Cap Value AlphaDEX Fund
About First Trust Mid Cap Value AlphaDEX Fund
The First Trust Mid Cap Value AlphaDEX Fund (FNK) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Mid Cap Value index. The fund tracks a mid-cap index that selects value stocks using quant methodology and applies an equal-tiered weighting scheme. FNK was launched on Apr 18, 2011 and is managed by First Trust.
Featured Stories
- Five stocks we like better than First Trust Mid Cap Value AlphaDEX Fund
- How to Effectively Use the MarketBeat Ratings Screener
- 3 Leveraged ETFs to Multiply Returns
- How to Invest in Tech StocksĀ and Top Tech Stocks to Consider
- A Tale of Two Titans: Unveiling the Value in Baidu and JD.com
- Investing in the High PE Growth Stocks
- Is the AI-Capable iPhone 16 the Start of a Sales Super-Cycle?
Receive News & Ratings for First Trust Mid Cap Value AlphaDEX Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Mid Cap Value AlphaDEX Fund and related companies with MarketBeat.com's FREE daily email newsletter.