First Trust Technology AlphaDEX Fund (NYSEARCA:FXL) Stock Short Interest Report for October

First Trust Technology AlphaDEX Fund (NYSEARCA:FXL) saw a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 22,224 shares, a growth of 185.8% from the September 30th total of 7,775 shares. Based on an average daily trading volume, of 48,578 shares, the short-interest ratio is currently 0.5 days. Currently, 0.2% of the company’s shares are sold short.

First Trust Technology AlphaDEX Fund Stock Performance

First Trust Technology AlphaDEX Fund stock traded down $6.05 during mid-day trading on Thursday, reaching $219.89. The company’s stock had a trading volume of 7,874 shares, compared to its average volume of 67,625. First Trust Technology AlphaDEX Fund has a 12 month low of $151.62 and a 12 month high of $231.93. The company has a market capitalization of $2.76 billion, a price-to-earnings ratio of 21.63 and a beta of 1.26. The business’s 50 day simple moving average is $218.85 and its 200 day simple moving average is $195.05.

Institutional Investors Weigh In On First Trust Technology AlphaDEX Fund

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Retirement Planning Group LLC grew its stake in shares of First Trust Technology AlphaDEX Fund by 0.7% during the first quarter. Retirement Planning Group LLC now owns 9,511 shares of the company’s stock valued at $1,511,000 after buying an additional 62 shares during the last quarter. Bessemer Group Inc. raised its stake in First Trust Technology AlphaDEX Fund by 66.8% during the 1st quarter. Bessemer Group Inc. now owns 387 shares of the company’s stock valued at $62,000 after buying an additional 155 shares during the last quarter. Trust Co. of Vermont purchased a new stake in shares of First Trust Technology AlphaDEX Fund in the 2nd quarter worth $45,000. Choice Wealth Advisors LLC lifted its stake in shares of First Trust Technology AlphaDEX Fund by 0.7% during the 3rd quarter. Choice Wealth Advisors LLC now owns 51,611 shares of the company’s stock valued at $11,406,000 after buying an additional 379 shares in the last quarter. Finally, Security National Bank of Sioux City Iowa IA purchased a new stake in First Trust Technology AlphaDEX Fund in the 2nd quarter worth $127,000.

First Trust Technology AlphaDEX Fund Company Profile

First Trust Technology 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 Technology 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.