First Trust Health Care AlphaDEX Fund (NYSEARCA:FXH) Stock Short Interest Report for October

First Trust Health Care AlphaDEX Fund (NYSEARCA:FXH) saw a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 11,553 shares, an increase of 350.1% from the September 30th total of 2,567 shares. Based on an average trading volume of 69,267 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the company’s shares are short sold.

First Trust Health Care AlphaDEX Fund Price Performance

Shares of First Trust Health Care AlphaDEX Fund stock opened at $134.95 on Wednesday. The business’s 50 day simple moving average is $132.25 and its two-hundred day simple moving average is $120.59. The stock has a market capitalization of $1.14 billion, a P/E ratio of 16.75 and a beta of 0.72. First Trust Health Care AlphaDEX Fund has a one year low of $104.53 and a one year high of $136.60.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the company. Perryman Financial Advisory Inc. AD purchased a new stake in First Trust Health Care AlphaDEX Fund during the 3rd quarter valued at $9,797,000. Beaumont Financial Advisors LLC bought a new stake in shares of First Trust Health Care AlphaDEX Fund in the 3rd quarter worth approximately $8,068,000. Envestnet Asset Management Inc. increased its stake in shares of First Trust Health Care AlphaDEX Fund by 59.8% during the second quarter. Envestnet Asset Management Inc. now owns 94,077 shares of the company’s stock valued at $11,515,000 after buying an additional 35,197 shares during the period. Paller Financial Services Inc bought a new position in shares of First Trust Health Care AlphaDEX Fund during the third quarter valued at approximately $4,458,000. Finally, ABLE Financial Group LLC bought a new position in shares of First Trust Health Care AlphaDEX Fund during the third quarter valued at approximately $3,309,000.

About First Trust Health Care AlphaDEX Fund

The First Trust Health Care AlphaDEX Fund is an exchange-traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield, before fees and expenses, of an equity index called the StrataQuant Health Care Index. The StrataQuant Health Care Index is an index developed, maintained and sponsored by the NYSE Group, Inc or its affiliates (NYSE), which employs the AlphaDEX stock selection methodology to select stocks from the Russell 1000 Index.