Short Interest in First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) Declines By 44.7%

First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) was the recipient of a large decline in short interest in July. As of July 15th, there was short interest totaling 68,243 shares, a decline of 44.7% from the June 30th total of 123,423 shares. Based on an average daily trading volume, of 31,371 shares, the short-interest ratio is currently 2.2 days. Approximately 0.8% of the company’s stock are sold short.

Institutional Trading of First Trust Industrials/Producer Durables AlphaDEX Fund

Hedge funds have recently made changes to their positions in the stock. Silver Oak Securities Incorporated increased its position in First Trust Industrials/Producer Durables AlphaDEX Fund by 2.8% during the 1st quarter. Silver Oak Securities Incorporated now owns 4,888 shares of the company’s stock valued at $399,000 after buying an additional 133 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in First Trust Industrials/Producer Durables AlphaDEX Fund by 15.3% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,002 shares of the company’s stock worth $74,000 after acquiring an additional 133 shares in the last quarter. Prosperity Consulting Group LLC grew its stake in shares of First Trust Industrials/Producer Durables AlphaDEX Fund by 1.1% in the third quarter. Prosperity Consulting Group LLC now owns 15,887 shares of the company’s stock worth $1,240,000 after acquiring an additional 168 shares during the last quarter. Transamerica Financial Advisors LLC grew its stake in shares of First Trust Industrials/Producer Durables AlphaDEX Fund by 1.0% in the second quarter. Transamerica Financial Advisors LLC now owns 30,926 shares of the company’s stock worth $2,295,000 after acquiring an additional 311 shares during the last quarter. Finally, Cornerstone Wealth Management LLC increased its stake in First Trust Industrials/Producer Durables AlphaDEX Fund by 6.6% during the 4th quarter. Cornerstone Wealth Management LLC now owns 5,108 shares of the company’s stock valued at $408,000 after purchasing an additional 317 shares in the last quarter.

First Trust Industrials/Producer Durables AlphaDEX Fund Stock Performance

Shares of First Trust Industrials/Producer Durables AlphaDEX Fund stock traded down $2.62 during trading on Wednesday, hitting $87.33. The company’s stock had a trading volume of 18,769 shares, compared to its average volume of 56,605. The company has a fifty day simple moving average of $88.15 and a two-hundred day simple moving average of $86.93. The company has a market capitalization of $720.43 million, a PE ratio of 17.44 and a beta of 1.07. First Trust Industrials/Producer Durables AlphaDEX Fund has a 52 week low of $73.08 and a 52 week high of $92.78.

About First Trust Industrials/Producer Durables AlphaDEX Fund

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.