Short Interest in First Trust Multi Cap Growth AlphaDEX Fund (NASDAQ:FAD) Expands By 100.0%

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First Trust Multi Cap Growth AlphaDEX Fund (NASDAQ:FADGet Rating) saw a significant growth in short interest in April. As of April 30th, there was short interest totalling 200 shares, a growth of 100.0% from the April 15th total of 100 shares. Based on an average daily trading volume, of 6,500 shares, the short-interest ratio is currently 0.0 days.

A number of hedge funds and other institutional investors have recently modified their holdings of FAD. Confluence Wealth Services Inc. bought a new position in shares of First Trust Multi Cap Growth AlphaDEX Fund during the fourth quarter valued at approximately $29,000. Benjamin F. Edwards & Company Inc. grew its stake in shares of First Trust Multi Cap Growth AlphaDEX Fund by 129.3% during the fourth quarter. Benjamin F. Edwards & Company Inc. now owns 266 shares of the company’s stock valued at $33,000 after buying an additional 150 shares during the last quarter. Nwam LLC bought a new position in shares of First Trust Multi Cap Growth AlphaDEX Fund during the fourth quarter valued at approximately $220,000. CWM LLC bought a new position in shares of First Trust Multi Cap Growth AlphaDEX Fund during the fourth quarter valued at approximately $307,000. Finally, Leelyn Smith LLC grew its stake in shares of First Trust Multi Cap Growth AlphaDEX Fund by 5.2% during the first quarter. Leelyn Smith LLC now owns 4,125 shares of the company’s stock valued at $463,000 after buying an additional 205 shares during the last quarter.

Shares of NASDAQ FAD opened at $94.70 on Friday. The business’s 50 day moving average is $106.96 and its two-hundred day moving average is $114.84. First Trust Multi Cap Growth AlphaDEX Fund has a 1-year low of $92.75 and a 1-year high of $131.48.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 31st. Shareholders of record on Monday, March 28th were paid a dividend of $0.064 per share. The ex-dividend date of this dividend was Friday, March 25th. This represents a $0.26 annualized dividend and a yield of 0.27%.

First Trust Multi Cap Growth AlphaDEX Fund Company Profile (Get Rating)

First Trust Multi Cap Growth 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 Defined Multi Cap Growth Index (the Index). The Index is an enhanced index created and administered by Standard & Poor’s, which selects stocks from the S&P Composite 1500/Citigroup Growth Index.

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