First Trust Utilities AlphaDEX Fund (NYSEARCA:FXU) Stock Short Interest Report for September

First Trust Utilities AlphaDEX Fund (NYSEARCA:FXU) saw a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 43,924 shares, an increase of 294.0% from the September 15th total of 11,148 shares. Currently, 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 208,176 shares, the short-interest ratio is currently 0.2 days.

Hedge Funds Weigh In On First Trust Utilities AlphaDEX Fund

A number of institutional investors have recently modified their holdings of the stock. Envestnet Portfolio Solutions Inc. grew its stake in First Trust Utilities AlphaDEX Fund by 106.8% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 29,309 shares of the company’s stock worth $1,446,000 after purchasing an additional 15,136 shares in the last quarter. Integrated Wealth Concepts LLC increased its holdings in First Trust Utilities AlphaDEX Fund by 13.4% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 46,019 shares of the company’s stock worth $2,271,000 after purchasing an additional 5,439 shares during the period. Allworth Financial LP raised its position in First Trust Utilities AlphaDEX Fund by 3,650.0% during the 2nd quarter. Allworth Financial LP now owns 1,500 shares of the company’s stock valued at $74,000 after purchasing an additional 1,460 shares in the last quarter. Capital Square LLC bought a new stake in First Trust Utilities AlphaDEX Fund during the 2nd quarter valued at $266,000. Finally, Quantinno Capital Management LP raised its position in First Trust Utilities AlphaDEX Fund by 8.6% during the 1st quarter. Quantinno Capital Management LP now owns 24,988 shares of the company’s stock valued at $1,239,000 after purchasing an additional 1,971 shares in the last quarter.

First Trust Utilities AlphaDEX Fund Stock Performance

First Trust Utilities AlphaDEX Fund stock traded up $0.27 during trading hours on Friday, hitting $45.62. The company had a trading volume of 155,647 shares, compared to its average volume of 448,385. The firm has a market cap of $741.33 million, a P/E ratio of 17.41 and a beta of 0.59. First Trust Utilities AlphaDEX Fund has a 1 year low of $43.40 and a 1 year high of $51.62. The company has a 50-day moving average price of $46.58 and a two-hundred day moving average price of $48.20.

First Trust Utilities AlphaDEX Fund Company Profile

First Trust Utilities 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 Utilities 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.