First Trust Small Cap Growth AlphaDEX Fund (NASDAQ:FYC) Short Interest Down 89.9% in January

First Trust Small Cap Growth AlphaDEX Fund (NASDAQ:FYC) was the recipient of a significant decline in short interest in January. As of January 15th, there was short interest totalling 4,600 shares, a decline of 89.9% from the December 31st total of 45,700 shares. Based on an average daily volume of 46,800 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of FYC. Private Trust Co. NA lifted its holdings in shares of First Trust Small Cap Growth AlphaDEX Fund by 213.9% during the 3rd quarter. Private Trust Co. NA now owns 2,062 shares of the company’s stock worth $153,000 after acquiring an additional 1,405 shares during the period. Great Valley Advisor Group Inc. bought a new position in shares of First Trust Small Cap Growth AlphaDEX Fund during the 3rd quarter worth approximately $200,000. Truist Financial Corp bought a new stake in First Trust Small Cap Growth AlphaDEX Fund in the second quarter valued at $214,000. Stratos Wealth Partners LTD. acquired a new position in First Trust Small Cap Growth AlphaDEX Fund during the fourth quarter worth $225,000. Finally, Wealth Effects LLC increased its position in shares of First Trust Small Cap Growth AlphaDEX Fund by 13.9% during the 3rd quarter. Wealth Effects LLC now owns 3,482 shares of the company’s stock worth $259,000 after purchasing an additional 425 shares in the last quarter.

First Trust Small Cap Growth AlphaDEX Fund Stock Performance

Shares of First Trust Small Cap Growth AlphaDEX Fund stock traded down $0.33 on Wednesday, reaching $78.99. The stock had a trading volume of 14,501 shares, compared to its average volume of 55,400. First Trust Small Cap Growth AlphaDEX Fund has a fifty-two week low of $60.24 and a fifty-two week high of $85.01. The business’s 50-day moving average price is $80.28 and its two-hundred day moving average price is $75.54. The stock has a market cap of $481.83 million, a P/E ratio of 15.06 and a beta of 1.19.

First Trust Small Cap Growth AlphaDEX Fund Announces Dividend

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were issued a $0.1473 dividend. The ex-dividend date was Friday, December 13th.

First Trust Small Cap Growth AlphaDEX Fund Company Profile

The First Trust Small Cap Growth AlphaDEX Fund (FYC) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Small Cap Growth index. The fund tracks a quant-driven index that select stocks from a small-cap growth universe in an attempt to outperform the market. FYC was launched on Apr 18, 2011 and is managed by First Trust.