First Trust Brazil AlphaDEX Fund (NASDAQ:FBZ) Short Interest Up 78.9% in January

First Trust Brazil AlphaDEX Fund (NASDAQ:FBZGet Free Report) was the target of a significant increase in short interest in January. As of January 31st, there was short interest totalling 23,800 shares, an increase of 78.9% from the January 15th total of 13,300 shares. Based on an average trading volume of 6,100 shares, the days-to-cover ratio is presently 3.9 days.

First Trust Brazil AlphaDEX Fund Stock Performance

Shares of NASDAQ:FBZ traded up $0.13 during trading on Monday, hitting $11.98. The company’s stock had a trading volume of 1,184 shares, compared to its average volume of 8,893. The company has a market capitalization of $6.59 million, a PE ratio of 6.87 and a beta of 1.02. First Trust Brazil AlphaDEX Fund has a fifty-two week low of $8.98 and a fifty-two week high of $12.33. The stock’s 50-day moving average price is $11.79 and its two-hundred day moving average price is $10.98.

Institutional Trading of First Trust Brazil AlphaDEX Fund

Institutional investors and hedge funds have recently bought and sold shares of the company. Jane Street Group LLC raised its position in shares of First Trust Brazil AlphaDEX Fund by 378.6% during the 1st quarter. Jane Street Group LLC now owns 174,140 shares of the company’s stock worth $1,684,000 after purchasing an additional 137,754 shares during the period. OLD Mission Capital LLC acquired a new stake in shares of First Trust Brazil AlphaDEX Fund during the 1st quarter worth approximately $405,000. Flow Traders U.S. LLC increased its position in First Trust Brazil AlphaDEX Fund by 99.7% in the 2nd quarter. Flow Traders U.S. LLC now owns 36,644 shares of the company’s stock valued at $404,000 after acquiring an additional 18,297 shares during the period. Cambridge Investment Research Advisors Inc. increased its position in First Trust Brazil AlphaDEX Fund by 52.7% in the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 22,153 shares of the company’s stock valued at $271,000 after acquiring an additional 7,650 shares during the period. Finally, Citadel Advisors LLC increased its position in First Trust Brazil AlphaDEX Fund by 23.2% in the 2nd quarter. Citadel Advisors LLC now owns 21,417 shares of the company’s stock valued at $211,000 after acquiring an additional 4,036 shares during the period.

First Trust Brazil AlphaDEX Fund Company Profile

(Get Free Report)

The First Trust Brazil AlphaDEX Fund (FBZ) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index weighted in tiers and selected using growth and value factors. FBZ was launched on Apr 18, 2011 and is managed by First Trust.

Featured Articles

Receive News & Ratings for First Trust Brazil AlphaDEX Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Trust Brazil AlphaDEX Fund and related companies with MarketBeat.com's FREE daily email newsletter.