First Trust Small Cap Growth AlphaDEX Fund (NASDAQ:FYC) Short Interest Down 7.0% in November

First Trust Small Cap Growth AlphaDEX Fund (NASDAQ:FYC) was the recipient of a large drop in short interest in November. As of November 30th, there was short interest totalling 21,400 shares, a drop of 7.0% from the November 15th total of 23,000 shares. Based on an average trading volume of 29,700 shares, the short-interest ratio is presently 0.7 days.

Hedge Funds Weigh In On First Trust Small Cap Growth AlphaDEX Fund

A number of hedge funds and other institutional investors have recently modified their holdings of the company. HFG Advisors Inc. boosted its stake in shares of First Trust Small Cap Growth AlphaDEX Fund by 1.0% in the 3rd quarter. HFG Advisors Inc. now owns 20,752 shares of the company’s stock valued at $1,543,000 after purchasing an additional 205 shares in the last quarter. Comerica Bank grew its stake in shares of First Trust Small Cap Growth AlphaDEX Fund by 28.7% in the first quarter. Comerica Bank now owns 924 shares of the company’s stock worth $61,000 after purchasing an additional 206 shares during the last quarter. Gateway Wealth Partners LLC increased its stake in shares of First Trust Small Cap Growth AlphaDEX Fund by 2.3% during the third quarter. Gateway Wealth Partners LLC now owns 9,103 shares of the company’s stock valued at $677,000 after buying an additional 207 shares during the period. PNC Financial Services Group Inc. increased its position in First Trust Small Cap Growth AlphaDEX Fund by 0.6% during the 3rd quarter. PNC Financial Services Group Inc. now owns 50,540 shares of the company’s stock valued at $3,759,000 after purchasing an additional 306 shares during the period. Finally, Wealth Effects LLC increased its position in shares of First Trust Small Cap Growth AlphaDEX Fund by 13.9% during the third quarter. Wealth Effects LLC now owns 3,482 shares of the company’s stock valued at $259,000 after buying an additional 425 shares during the period.

First Trust Small Cap Growth AlphaDEX Fund Trading Down 1.2 %

Shares of FYC opened at $81.42 on Wednesday. First Trust Small Cap Growth AlphaDEX Fund has a 12-month low of $58.94 and a 12-month high of $85.01. The company has a market cap of $378.60 million, a PE ratio of 15.06 and a beta of 1.19. The stock has a 50-day moving average price of $79.27 and a 200-day moving average price of $72.79.

First Trust Small Cap Growth AlphaDEX Fund Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th will be issued a dividend of $0.1473 per share. The ex-dividend date of this dividend is Friday, December 13th.

About First Trust Small Cap Growth AlphaDEX Fund

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.