Short Interest in First Trust MultiCap Growth AlphaDEX Fund (NASDAQ:FAD) Expands By 71.9%

First Trust MultiCap Growth AlphaDEX Fund (NASDAQ:FAD) was the recipient of a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 22,000 shares, an increase of 71.9% from the December 15th total of 12,800 shares. Based on an average daily trading volume, of 4,900 shares, the short-interest ratio is currently 4.5 days.

First Trust MultiCap Growth AlphaDEX Fund Stock Performance

Shares of FAD traded up $1.04 during trading hours on Friday, hitting $143.66. The stock had a trading volume of 1,185 shares, compared to its average volume of 3,676. First Trust MultiCap Growth AlphaDEX Fund has a fifty-two week low of $109.06 and a fifty-two week high of $150.37. The firm has a 50-day moving average price of $143.69 and a 200 day moving average price of $134.28. The firm has a market capitalization of $229.85 million, a price-to-earnings ratio of 18.90 and a beta of 1.10.

First Trust MultiCap Growth AlphaDEX Fund Dividend Announcement

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were paid a dividend of $0.3113 per share. The ex-dividend date of this dividend was Friday, December 13th.

Institutional Investors Weigh In On First Trust MultiCap Growth AlphaDEX Fund

Several large investors have recently modified their holdings of the company. RPg Family Wealth Advisory LLC grew its stake in shares of First Trust MultiCap Growth AlphaDEX Fund by 4.8% during the 2nd quarter. RPg Family Wealth Advisory LLC now owns 10,918 shares of the company’s stock worth $1,344,000 after purchasing an additional 498 shares during the period. Gateway Wealth Partners LLC increased its stake in First Trust MultiCap Growth AlphaDEX Fund by 5.1% during the 2nd quarter. Gateway Wealth Partners LLC now owns 2,360 shares of the company’s stock worth $291,000 after buying an additional 114 shares during the period. Cetera Investment Advisers grew its stake in shares of First Trust MultiCap Growth AlphaDEX Fund by 3.3% during the second quarter. Cetera Investment Advisers now owns 10,849 shares of the company’s stock valued at $1,336,000 after acquiring an additional 342 shares in the last quarter. Sanctuary Advisors LLC purchased a new stake in shares of First Trust MultiCap Growth AlphaDEX Fund during the second quarter worth about $449,000. Finally, Willner & Heller LLC boosted its holdings in First Trust MultiCap Growth AlphaDEX Fund by 4.1% in the third quarter. Willner & Heller LLC now owns 3,913 shares of the company’s stock valued at $523,000 after purchasing an additional 153 shares during the last quarter.

First Trust MultiCap Growth AlphaDEX Fund Company Profile

First Trust Multi Cap Growth 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 Defined Multi Cap Growth Index (the Index). The Index is an enhanced index created and administered by Standard & Poor’s, which selects stocks from the S&P Composite 1500/Citigroup Growth Index.