First Trust Multi Cap Value AlphaDEX Fund (NASDAQ:FAB) Short Interest Up 200.0% in December

First Trust Multi Cap Value AlphaDEX Fund (NASDAQ:FAB) was the recipient of a large increase in short interest during the month of December. As of December 15th, there was short interest totalling 300 shares, an increase of 200.0% from the November 30th total of 100 shares. Based on an average daily volume of 3,200 shares, the days-to-cover ratio is presently 0.1 days.

First Trust Multi Cap Value AlphaDEX Fund Trading Down 0.7 %

NASDAQ:FAB traded down $0.61 on Friday, reaching $82.36. 2,224 shares of the stock traded hands, compared to its average volume of 4,809. First Trust Multi Cap Value AlphaDEX Fund has a 12 month low of $74.49 and a 12 month high of $90.30. The company has a market capitalization of $135.89 million, a price-to-earnings ratio of 11.93 and a beta of 1.22. The company’s fifty day simple moving average is $85.73 and its 200 day simple moving average is $83.21.

First Trust Multi Cap Value AlphaDEX Fund Announces Dividend

The business also recently declared a dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th will be paid a $0.577 dividend. The ex-dividend date is Friday, December 13th.

Institutional Trading of First Trust Multi Cap Value AlphaDEX Fund

A number of hedge funds have recently bought and sold shares of the company. International Assets Investment Management LLC bought a new position in shares of First Trust Multi Cap Value AlphaDEX Fund in the second quarter worth about $62,000. Raymond James Trust N.A. lifted its position in First Trust Multi Cap Value AlphaDEX Fund by 14.3% in the second quarter. Raymond James Trust N.A. now owns 2,775 shares of the company’s stock worth $219,000 after buying an additional 347 shares during the last quarter. PFG Investments LLC purchased a new stake in First Trust Multi Cap Value AlphaDEX Fund in the second quarter worth $356,000. Proactive Wealth Strategies LLC bought a new position in First Trust Multi Cap Value AlphaDEX Fund in the third quarter worth approximately $669,000. Finally, Virtu Financial LLC boosted its stake in shares of First Trust Multi Cap Value AlphaDEX Fund by 218.9% during the third quarter. Virtu Financial LLC now owns 8,454 shares of the company’s stock valued at $714,000 after purchasing an additional 5,803 shares in the last quarter.

First Trust Multi Cap Value AlphaDEX Fund Company Profile

The First Trust Multi Cap Value AlphaDEX Fund (FAB) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Multi Cap Value index. The fund tracks an index that uses fundamental factors to select and weight value stocks from the Nasdaq US Select Indices. FAB was launched on May 8, 2007 and is managed by First Trust.