First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) Short Interest Down 41.6% in July

First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) saw a significant decrease in short interest during the month of July. As of July 31st, there was short interest totaling 39,868 shares, a decrease of 41.6% from the July 15th total of 68,243 shares. Approximately 0.5% of the company’s stock are sold short. Based on an average daily volume of 28,289 shares, the short-interest ratio is currently 1.4 days.

First Trust Industrials/Producer Durables AlphaDEX Fund Stock Down 1.8%

First Trust Industrials/Producer Durables AlphaDEX Fund stock traded down $1.61 during midday trading on Tuesday, hitting $89.76. 10,031 shares of the stock were exchanged, compared to its average volume of 53,247. First Trust Industrials/Producer Durables AlphaDEX Fund has a 52-week low of $73.08 and a 52-week high of $92.78. The business’s 50-day moving average price is $89.41 and its 200-day moving average price is $87.37. The stock has a market capitalization of $749.50 million, a price-to-earnings ratio of 17.44 and a beta of 1.08.

Hedge Funds Weigh In On First Trust Industrials/Producer Durables AlphaDEX Fund

Several institutional investors have recently modified their holdings of the business. Compass Financial Management LLC bought a new stake in First Trust Industrials/Producer Durables AlphaDEX Fund during the second quarter worth $62,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in shares of First Trust Industrials/Producer Durables AlphaDEX Fund during the 4th quarter valued at $57,000. Hilton Head Capital Partners LLC purchased a new stake in shares of First Trust Industrials/Producer Durables AlphaDEX Fund during the 4th quarter valued at $61,000. Northwestern Mutual Wealth Management Co. raised its stake in shares of First Trust Industrials/Producer Durables AlphaDEX Fund by 15.3% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,002 shares of the company’s stock worth $74,000 after purchasing an additional 133 shares during the period. Finally, Western Wealth Management LLC purchased a new position in shares of First Trust Industrials/Producer Durables AlphaDEX Fund in the 1st quarter worth about $146,000.

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.