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

First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) was the recipient of a significant drop in short interest in June. As of June 15th, there was short interest totaling 4,444 shares, a drop of 75.4% from the May 31st total of 18,054 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 19,828 shares, the days-to-cover ratio is presently 0.2 days.

First Trust Industrials/Producer Durables AlphaDEX Fund Stock Up 0.6%

Shares of First Trust Industrials/Producer Durables AlphaDEX Fund stock traded up $0.53 during trading on Monday, reaching $90.52. The company’s stock had a trading volume of 465,371 shares, compared to its average volume of 60,892. First Trust Industrials/Producer Durables AlphaDEX Fund has a 52-week low of $73.08 and a 52-week high of $92.78. The company has a market cap of $724.16 million, a price-to-earnings ratio of 17.44 and a beta of 1.08. The firm’s 50-day moving average is $87.02 and its two-hundred day moving average is $85.65.

Institutional Trading of First Trust Industrials/Producer Durables AlphaDEX Fund

Several institutional investors have recently added to or reduced their stakes in FXR. Western Wealth Management LLC bought a new position in shares of First Trust Industrials/Producer Durables AlphaDEX Fund during the first quarter valued at about $146,000. Bank of America Corp DE increased its holdings in shares of First Trust Industrials/Producer Durables AlphaDEX Fund by 8.8% in the first quarter. Bank of America Corp DE now owns 395,475 shares of the company’s stock worth $32,283,000 after buying an additional 31,909 shares during the period. Gateway Wealth Partners LLC bought a new stake in shares of First Trust Industrials/Producer Durables AlphaDEX Fund in the 1st quarter valued at about $243,000. Parallel Advisors LLC bought a new stake in shares of First Trust Industrials/Producer Durables AlphaDEX Fund in the 1st quarter valued at about $161,000. Finally, Wealthfront Advisers LLC boosted its holdings in First Trust Industrials/Producer Durables AlphaDEX Fund by 59.6% during the 1st quarter. Wealthfront Advisers LLC now owns 18,983 shares of the company’s stock valued at $1,550,000 after acquiring an additional 7,090 shares during the period.

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.