First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) Short Interest Update

First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) was the target of a large drop in short interest in the month of February. As of February 13th, there was short interest totaling 8,396 shares, a drop of 48.9% from the January 29th total of 16,431 shares. Based on an average daily volume of 55,183 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the company’s shares are sold short. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 55,183 shares, the days-to-cover ratio is currently 0.2 days.

First Trust Industrials/Producer Durables AlphaDEX Fund Price Performance

FXR stock opened at $90.57 on Friday. The firm has a market capitalization of $801.54 million, a P/E ratio of 17.44 and a beta of 1.16. First Trust Industrials/Producer Durables AlphaDEX Fund has a 52-week low of $60.01 and a 52-week high of $92.78. The company’s 50 day simple moving average is $86.35 and its 200-day simple moving average is $81.06.

Institutional Trading of First Trust Industrials/Producer Durables AlphaDEX Fund

A number of hedge funds have recently made changes to their positions in FXR. O Dell Group LLC boosted its stake in shares of First Trust Industrials/Producer Durables AlphaDEX Fund by 2.5% during the 3rd quarter. O Dell Group LLC now owns 318,657 shares of the company’s stock valued at $24,874,000 after buying an additional 7,678 shares during the period. NewEdge Advisors LLC raised its holdings in shares of First Trust Industrials/Producer Durables AlphaDEX Fund by 4.6% during the second quarter. NewEdge Advisors LLC now owns 315,712 shares of the company’s stock worth $23,432,000 after acquiring an additional 13,837 shares in the last quarter. Nilsine Partners LLC boosted its position in First Trust Industrials/Producer Durables AlphaDEX Fund by 19.8% during the third quarter. Nilsine Partners LLC now owns 275,024 shares of the company’s stock valued at $21,468,000 after purchasing an additional 45,505 shares during the last quarter. Earned Wealth Advisors LLC acquired a new stake in First Trust Industrials/Producer Durables AlphaDEX Fund during the fourth quarter valued at $21,828,000. Finally, Truist Financial Corp grew its stake in First Trust Industrials/Producer Durables AlphaDEX Fund by 0.8% in the third quarter. Truist Financial Corp now owns 183,766 shares of the company’s stock valued at $14,345,000 after purchasing an additional 1,461 shares in the last quarter.

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.