Short Interest in First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) Increases By 187.2%

First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) was the recipient of a significant increase in short interest during the month of February. As of February 27th, there was short interest totaling 24,113 shares, an increase of 187.2% from the February 12th total of 8,396 shares. Based on an average daily trading volume, of 47,006 shares, the short-interest ratio is currently 0.5 days. Approximately 0.3% of the company’s stock are sold short. Approximately 0.3% of the company’s stock are sold short. Based on an average daily trading volume, of 47,006 shares, the short-interest ratio is currently 0.5 days.

Hedge Funds Weigh In On First Trust Industrials/Producer Durables AlphaDEX Fund

A number of hedge funds have recently added to or reduced their stakes in FXR. Virtue Capital Management LLC increased its holdings in First Trust Industrials/Producer Durables AlphaDEX Fund by 167.8% during the 4th quarter. Virtue Capital Management LLC now owns 90,812 shares of the company’s stock worth $7,392,000 after purchasing an additional 56,905 shares in the last quarter. Asset One Wealth Management LLC bought a new position in shares of First Trust Industrials/Producer Durables AlphaDEX Fund in the fourth quarter valued at approximately $763,000. Captrust Financial Advisors purchased a new position in shares of First Trust Industrials/Producer Durables AlphaDEX Fund during the fourth quarter valued at approximately $214,000. &PARTNERS boosted its position in shares of First Trust Industrials/Producer Durables AlphaDEX Fund by 165.2% during the fourth quarter. &PARTNERS now owns 9,518 shares of the company’s stock valued at $760,000 after buying an additional 5,929 shares during the last quarter. Finally, Mariner LLC bought a new stake in First Trust Industrials/Producer Durables AlphaDEX Fund during the fourth quarter worth $262,000.

First Trust Industrials/Producer Durables AlphaDEX Fund Price Performance

Shares of NYSEARCA FXR traded down $0.44 during mid-day trading on Wednesday, reaching $84.21. 120,942 shares of the company’s stock traded hands, compared to its average volume of 87,037. The business has a 50-day simple moving average of $87.39 and a 200 day simple moving average of $81.62. The stock has a market cap of $745.26 million, a P/E ratio of 17.44 and a beta of 1.16. First Trust Industrials/Producer Durables AlphaDEX Fund has a 1-year low of $60.01 and a 1-year 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.