First Trust Consumer Discretionary AlphaDEX Fund (NYSEARCA:FXD) Short Interest Down 24.0% in April

First Trust Consumer Discretionary AlphaDEX Fund (NYSEARCA:FXD) saw a large decline in short interest in April. As of April 15th, there was short interest totaling 47,790 shares, a decline of 24.0% from the March 31st total of 62,860 shares. Based on an average daily volume of 10,994 shares, the short-interest ratio is presently 4.3 days. Currently, 1.2% of the shares of the stock are sold short.

First Trust Consumer Discretionary AlphaDEX Fund Stock Performance

Shares of NYSEARCA:FXD traded down $0.66 on Wednesday, hitting $66.08. The stock had a trading volume of 9,382 shares, compared to its average volume of 19,127. First Trust Consumer Discretionary AlphaDEX Fund has a twelve month low of $55.13 and a twelve month high of $72.37. The firm’s 50 day moving average price is $66.65 and its 200-day moving average price is $67.78. The company has a market capitalization of $261.00 million, a price-to-earnings ratio of 13.17 and a beta of 1.19.

Institutional Investors Weigh In On First Trust Consumer Discretionary AlphaDEX Fund

Several institutional investors and hedge funds have recently made changes to their positions in the company. Rockefeller Capital Management L.P. boosted its stake in shares of First Trust Consumer Discretionary AlphaDEX Fund by 9.0% in the 4th quarter. Rockefeller Capital Management L.P. now owns 3,700 shares of the company’s stock valued at $253,000 after purchasing an additional 304 shares in the last quarter. SHP Wealth Management acquired a new stake in shares of First Trust Consumer Discretionary AlphaDEX Fund in the 4th quarter valued at $36,000. Virtue Capital Management LLC acquired a new stake in shares of First Trust Consumer Discretionary AlphaDEX Fund in the 4th quarter valued at $7,302,000. Mariner LLC acquired a new stake in shares of First Trust Consumer Discretionary AlphaDEX Fund in the 4th quarter valued at $276,000. Finally, Kestra Advisory Services LLC boosted its stake in shares of First Trust Consumer Discretionary AlphaDEX Fund by 0.8% in the 4th quarter. Kestra Advisory Services LLC now owns 17,884 shares of the company’s stock valued at $1,223,000 after purchasing an additional 145 shares in the last quarter.

First Trust Consumer Discretionary AlphaDEX Fund Company Profile

First Trust Consumer Discretionary AlphaDEX Fund (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield of an equity index called the StrataQuant Consumer Discretionary Index (the Index). The Index is an enhanced index created and administered by the AMEX, which employs the AlphaDEX stock selection methodology to select stocks from the Russell 1000 Index. The AMEX constructs the Index by ranking the stocks, which are members of the Russell 1000 Index on growth factors, including 3, 6 and 12-month price appreciation, sales to price and one-year sales growth, and separately on value factors, including book value to price, cash flow to price and return on assets.