Short Interest in First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) Declines By 44.7%

First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) was the target of a significant decline in short interest in July. As of July 15th, there was short interest totaling 68,243 shares, a decline of 44.7% from the June 30th total of 123,423 shares. Approximately 0.8% of the shares of the stock are sold short. Based on an average daily trading volume, of 31,371 shares, the days-to-cover ratio is presently 2.2 days.

First Trust Industrials/Producer Durables AlphaDEX Fund Stock Down 2.9%

Shares of FXR stock traded down $2.62 during trading hours on Wednesday, hitting $87.33. 18,769 shares of the company’s stock were exchanged, compared to its average volume of 56,605. First Trust Industrials/Producer Durables AlphaDEX Fund has a fifty-two week low of $73.08 and a fifty-two week high of $92.78. The firm has a market cap of $720.43 million, a P/E ratio of 17.44 and a beta of 1.07. The firm has a 50 day moving average of $88.15 and a two-hundred day moving average of $86.93.

Institutional Trading of First Trust Industrials/Producer Durables AlphaDEX Fund

Institutional investors have recently modified their holdings of the stock. Silver Oak Securities Incorporated raised its position in shares of First Trust Industrials/Producer Durables AlphaDEX Fund by 2.8% during the 1st quarter. Silver Oak Securities Incorporated now owns 4,888 shares of the company’s stock worth $399,000 after purchasing an additional 133 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in shares of First Trust Industrials/Producer Durables AlphaDEX Fund by 15.3% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,002 shares of the company’s stock valued at $74,000 after acquiring an additional 133 shares during the last quarter. Prosperity Consulting Group LLC lifted its position in shares of First Trust Industrials/Producer Durables AlphaDEX Fund by 1.1% in the third quarter. Prosperity Consulting Group LLC now owns 15,887 shares of the company’s stock valued at $1,240,000 after acquiring an additional 168 shares in the last quarter. Transamerica Financial Advisors LLC lifted its position in shares of First Trust Industrials/Producer Durables AlphaDEX Fund by 1.0% in the second quarter. Transamerica Financial Advisors LLC now owns 30,926 shares of the company’s stock valued at $2,295,000 after acquiring an additional 311 shares in the last quarter. Finally, Cornerstone Wealth Management LLC boosted its stake in shares of First Trust Industrials/Producer Durables AlphaDEX Fund by 6.6% in the fourth quarter. Cornerstone Wealth Management LLC now owns 5,108 shares of the company’s stock worth $408,000 after acquiring an additional 317 shares during the last quarter.

About First Trust Industrials/Producer Durables AlphaDEX Fund

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.