Short Interest in First Trust Multi Cap Value AlphaDEX Fund (NASDAQ:FAB) Decreases By 92.6%

First Trust Multi Cap Value AlphaDEX Fund (NASDAQ:FAB) was the recipient of a large decline in short interest in the month of April. As of April 30th, there was short interest totaling 103 shares, a decline of 92.6% from the April 15th total of 1,395 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 1,815 shares, the short-interest ratio is presently 0.1 days.

Institutional Trading of First Trust Multi Cap Value AlphaDEX Fund

Institutional investors have recently modified their holdings of the stock. International Assets Investment Management LLC acquired a new stake in shares of First Trust Multi Cap Value AlphaDEX Fund in the fourth quarter valued at about $25,000. Anchor Investment Management LLC acquired a new stake in shares of First Trust Multi Cap Value AlphaDEX Fund in the first quarter valued at about $33,000. Hilton Head Capital Partners LLC acquired a new stake in shares of First Trust Multi Cap Value AlphaDEX Fund in the fourth quarter valued at about $53,000. Geneos Wealth Management Inc. grew its position in shares of First Trust Multi Cap Value AlphaDEX Fund by 155.3% in the second quarter. Geneos Wealth Management Inc. now owns 628 shares of the company’s stock valued at $51,000 after purchasing an additional 382 shares during the period. Finally, Sound Income Strategies LLC acquired a new stake in shares of First Trust Multi Cap Value AlphaDEX Fund in the fourth quarter valued at about $83,000.

First Trust Multi Cap Value AlphaDEX Fund Trading Down 1.0%

NASDAQ:FAB traded down $1.01 during trading hours on Monday, reaching $96.79. 2,980 shares of the company were exchanged, compared to its average volume of 2,696. The stock’s 50-day moving average is $96.11 and its 200-day moving average is $92.76. The firm has a market cap of $135.50 million, a PE ratio of 11.94 and a beta of 0.89. First Trust Multi Cap Value AlphaDEX Fund has a twelve month low of $77.20 and a twelve month high of $99.76.

First Trust Multi Cap Value AlphaDEX Fund Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th were given a $0.3634 dividend. The ex-dividend date was Thursday, March 26th. This represents a $1.45 annualized dividend and a dividend yield of 1.5%.

First Trust Multi Cap Value AlphaDEX Fund Company Profile

The First Trust Multi Cap Value AlphaDEX Fund (FAB) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Multi Cap Value index. The fund tracks an index that uses fundamental factors to select and weight value stocks from the Nasdaq US Select Indices. FAB was launched on May 8, 2007 and is managed by First Trust.