Short Interest in First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) Declines By 75.4%

First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) was the target of a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 4,444 shares, a decline of 75.4% from the May 31st total of 18,054 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 19,828 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Investors Weigh In On First Trust Industrials/Producer Durables AlphaDEX Fund

Hedge funds have recently bought and sold shares of the stock. Ameriflex Group Inc. acquired a new stake in shares of First Trust Industrials/Producer Durables AlphaDEX Fund during the 3rd quarter worth approximately $40,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in shares of First Trust Industrials/Producer Durables AlphaDEX Fund in the 4th quarter valued at $57,000. Hilton Head Capital Partners LLC purchased a new stake in First Trust Industrials/Producer Durables AlphaDEX Fund during the fourth quarter worth $61,000. Northwestern Mutual Wealth Management Co. boosted its holdings in First Trust Industrials/Producer Durables AlphaDEX Fund by 15.3% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,002 shares of the company’s stock worth $74,000 after buying an additional 133 shares in the last quarter. Finally, Western Wealth Management LLC acquired a new stake in First Trust Industrials/Producer Durables AlphaDEX Fund during the first quarter valued at $146,000.

First Trust Industrials/Producer Durables AlphaDEX Fund Stock Down 0.2%

Shares of FXR traded down $0.20 during mid-day trading on Friday, reaching $89.99. The company had a trading volume of 11,602 shares, compared to its average volume of 57,549. First Trust Industrials/Producer Durables AlphaDEX Fund has a 52-week low of $73.08 and a 52-week high of $92.78. The stock has a market capitalization of $719.92 million, a P/E ratio of 17.44 and a beta of 1.08. The stock has a 50 day moving average of $87.02 and a two-hundred day moving average of $85.65.

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.