First Trust Financials AlphaDEX Fund (NYSEARCA:FXO) Stock Short Interest Report for October

First Trust Financials AlphaDEX Fund (NYSEARCA:FXO) saw a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 24,849 shares, an increase of 245.9% from the September 30th total of 7,184 shares. Based on an average trading volume of 109,691 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.2% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Trust Co. of Vermont acquired a new stake in First Trust Financials AlphaDEX Fund in the 2nd quarter worth about $26,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of First Trust Financials AlphaDEX Fund during the 3rd quarter valued at about $72,000. Security National Bank of Sioux City Iowa IA acquired a new position in shares of First Trust Financials AlphaDEX Fund during the 2nd quarter valued at about $124,000. First Financial Corp IN acquired a new position in shares of First Trust Financials AlphaDEX Fund during the 3rd quarter valued at about $183,000. Finally, Kestra Private Wealth Services LLC lifted its holdings in shares of First Trust Financials AlphaDEX Fund by 5.0% during the 1st quarter. Kestra Private Wealth Services LLC now owns 3,584 shares of the company’s stock worth $201,000 after acquiring an additional 172 shares during the period.

First Trust Financials AlphaDEX Fund Trading Up 1.6%

Shares of NYSEARCA:FXO traded up $1.01 on Thursday, hitting $64.55. The company had a trading volume of 36,448 shares, compared to its average volume of 181,104. First Trust Financials AlphaDEX Fund has a 52-week low of $54.40 and a 52-week high of $67.38. The business has a 50 day moving average of $63.76 and a 200 day moving average of $61.48. The company has a market cap of $1.07 billion, a PE ratio of 12.42 and a beta of 0.94.

First Trust Financials AlphaDEX Fund Company Profile

First Trust Financials AlphaDEX Fund (the Fund) is an exchange-traded fund. It seeks investment results that correspond generally to the price and yield of an equity index called the StrataQuant Financials Index (the Index). The StrataQuant Financials 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 StrataQuant Financials Index by ranking the stocks, which are members of the Russell 1000 Index on growth factors, including three, six 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.