First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) Stock Short Interest Report for October

First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) was the recipient of a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 14,329 shares, a growth of 103.7% from the September 30th total of 7,035 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average trading volume of 36,154 shares, the days-to-cover ratio is presently 0.4 days.

First Trust Industrials/Producer Durables AlphaDEX Fund Stock Performance

Shares of FXR traded down $0.20 during mid-day trading on Friday, reaching $86.96. The company had a trading volume of 34,782 shares, compared to its average volume of 46,833. The company’s 50 day simple moving average is $84.51 and its 200 day simple moving average is $86.63. First Trust Industrials/Producer Durables AlphaDEX Fund has a 1-year low of $73.08 and a 1-year high of $92.78. The company has a market capitalization of $708.72 million, a price-to-earnings ratio of 17.44 and a beta of 1.07.

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

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Elevation Wealth Partners LLC bought a new stake in First Trust Industrials/Producer Durables AlphaDEX Fund during the 3rd quarter worth approximately $31,000. GAMMA Investing LLC bought a new position in shares of First Trust Industrials/Producer Durables AlphaDEX Fund during the third quarter valued at $32,000. Atwood & Palmer Inc. bought a new position in shares of First Trust Industrials/Producer Durables AlphaDEX Fund during the third quarter valued at $33,000. Signature Equity Partners LLC acquired a new position in shares of First Trust Industrials/Producer Durables AlphaDEX Fund during the third quarter worth $38,000. Finally, Physician Wealth Advisors Inc. acquired a new position in shares of First Trust Industrials/Producer Durables AlphaDEX Fund during the third quarter worth $39,000.

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.