First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR – Get Free Report) was the recipient of a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 14,329 shares, a growth of 103.7% from the September 30th total of 7,035 shares. Based on an average daily trading volume, of 36,154 shares, the short-interest ratio is currently 0.4 days. Approximately 0.2% of the company’s shares are sold short.
First Trust Industrials/Producer Durables AlphaDEX Fund Stock Performance
Shares of FXR stock traded down $0.20 on Friday, hitting $86.96. The company had a trading volume of 34,782 shares, compared to its average volume of 46,833. The stock’s 50-day moving average is $84.51 and its two-hundred day moving average is $86.63. The firm has a market cap of $708.72 million, a P/E ratio of 17.44 and a beta of 1.07. First Trust Industrials/Producer Durables AlphaDEX Fund has a twelve month low of $73.08 and a twelve month high of $92.78.
Institutional Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the company. Elevation Wealth Partners LLC purchased a new stake in First Trust Industrials/Producer Durables AlphaDEX Fund in the 3rd quarter worth about $31,000. GAMMA Investing LLC purchased a new stake in First Trust Industrials/Producer Durables AlphaDEX Fund during the third quarter valued at about $32,000. Atwood & Palmer Inc. purchased a new stake in First Trust Industrials/Producer Durables AlphaDEX Fund during the third quarter valued at about $33,000. Signature Equity Partners LLC purchased a new stake in First Trust Industrials/Producer Durables AlphaDEX Fund during the third quarter valued at about $38,000. Finally, Physician Wealth Advisors Inc. bought a new position in First Trust Industrials/Producer Durables AlphaDEX Fund during the third quarter worth about $39,000.
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.
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