First Trust Small Cap Value AlphaDEX Fund (NASDAQ:FYT) Short Interest Update

First Trust Small Cap Value AlphaDEX Fund (NASDAQ:FYT) was the recipient of a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 8,100 shares, an increase of 68.8% from the December 15th total of 4,800 shares. Based on an average daily volume of 12,900 shares, the short-interest ratio is currently 0.6 days.

Institutional Investors Weigh In On First Trust Small Cap Value AlphaDEX Fund

A number of institutional investors and hedge funds have recently bought and sold shares of the business. GAMMA Investing LLC grew its stake in shares of First Trust Small Cap Value AlphaDEX Fund by 16.2% in the 4th quarter. GAMMA Investing LLC now owns 1,463 shares of the company’s stock worth $80,000 after purchasing an additional 204 shares during the last quarter. Northwest Wealth Management LLC acquired a new position in First Trust Small Cap Value AlphaDEX Fund in the third quarter worth approximately $207,000. Chicago Partners Investment Group LLC increased its holdings in shares of First Trust Small Cap Value AlphaDEX Fund by 2.3% in the third quarter. Chicago Partners Investment Group LLC now owns 9,368 shares of the company’s stock valued at $508,000 after buying an additional 211 shares in the last quarter. Gateway Wealth Partners LLC acquired a new stake in shares of First Trust Small Cap Value AlphaDEX Fund during the 2nd quarter valued at $614,000. Finally, Pinnacle Bancorp Inc. boosted its stake in shares of First Trust Small Cap Value AlphaDEX Fund by 17.5% during the 4th quarter. Pinnacle Bancorp Inc. now owns 13,413 shares of the company’s stock worth $738,000 after acquiring an additional 2,000 shares in the last quarter.

First Trust Small Cap Value AlphaDEX Fund Stock Performance

Shares of NASDAQ:FYT traded up $0.09 during trading hours on Friday, hitting $55.90. The stock had a trading volume of 3,066 shares, compared to its average volume of 20,848. First Trust Small Cap Value AlphaDEX Fund has a 1-year low of $50.09 and a 1-year high of $61.44. The firm has a market capitalization of $173.27 million, a price-to-earnings ratio of 9.68 and a beta of 1.37. The stock’s fifty day simple moving average is $57.16 and its 200 day simple moving average is $55.54.

First Trust Small Cap Value AlphaDEX Fund Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were paid a $0.5443 dividend. The ex-dividend date of this dividend was Friday, December 13th.

First Trust Small Cap Value AlphaDEX Fund Company Profile

The First Trust Small Cap Value AlphaDEX Fund (FYT) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Small Cap Value index. The fund tracks an index of securities pulled from the NASDAQ US 700 Small Cap Index that are rescreened and weighted based on a tiered process. FYT was launched on Apr 18, 2011 and is managed by First Trust.