First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) Short Interest Update

First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) was the target of a large drop in short interest during the month of August. As of August 31st, there was short interest totaling 12,365 shares, a drop of 51.8% from the August 15th total of 25,656 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 19,094 shares, the short-interest ratio is currently 0.6 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Compass Financial Management LLC purchased a new position in First Trust Industrials/Producer Durables AlphaDEX Fund during the 2nd quarter valued at $62,000. Thurston Springer Miller Herd & Titak Inc. grew its position in First Trust Industrials/Producer Durables AlphaDEX Fund by 13.4% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 5,315 shares of the company’s stock valued at $484,000 after acquiring an additional 627 shares during the last quarter. Western Wealth Management LLC purchased a new stake in First Trust Industrials/Producer Durables AlphaDEX Fund in the first quarter worth $146,000. Bank of America Corp DE increased its stake in First Trust Industrials/Producer Durables AlphaDEX Fund by 8.8% in the first quarter. Bank of America Corp DE now owns 395,475 shares of the company’s stock worth $32,283,000 after purchasing an additional 31,909 shares during the period. Finally, Gateway Wealth Partners LLC bought a new stake in shares of First Trust Industrials/Producer Durables AlphaDEX Fund during the first quarter worth $243,000.

First Trust Industrials/Producer Durables AlphaDEX Fund Trading Down 0.3%

Shares of NYSEARCA FXR traded down $0.26 during trading hours on Wednesday, hitting $83.54. 25,542 shares of the company traded hands, compared to its average volume of 49,775. The stock has a market capitalization of $673.33 million, a price-to-earnings ratio of 17.44 and a beta of 1.07. The company’s 50 day moving average price is $88.46 and its 200 day moving average price is $86.95. First Trust Industrials/Producer Durables AlphaDEX Fund has a 12 month low of $73.08 and a 12 month high of $92.78.

First Trust Industrials/Producer Durables AlphaDEX Fund Company Profile

First Trust Industrials/Producer Durables 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 Industrials 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.