First Trust Multi Cap Value AlphaDEX Fund (NASDAQ:FAB) Short Interest Update

First Trust Multi Cap Value AlphaDEX Fund (NASDAQ:FAB) was the recipient of a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 1,700 shares, an increase of 466.7% from the December 15th total of 300 shares. Based on an average trading volume of 3,400 shares, the short-interest ratio is presently 0.5 days.

First Trust Multi Cap Value AlphaDEX Fund Trading Up 1.2 %

Shares of FAB stock traded up $0.97 during midday trading on Tuesday, reaching $83.29. 723 shares of the stock were exchanged, compared to its average volume of 4,778. The firm has a market cap of $133.26 million, a PE ratio of 11.93 and a beta of 1.22. The company’s 50 day moving average is $85.48 and its two-hundred day moving average is $83.57. First Trust Multi Cap Value AlphaDEX Fund has a 1 year low of $74.49 and a 1 year high of $90.30.

First Trust Multi Cap Value AlphaDEX Fund Announces Dividend

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were issued a dividend of $0.577 per share. The ex-dividend date of this dividend was Friday, December 13th.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in FAB. Proactive Wealth Strategies LLC bought a new position in First Trust Multi Cap Value AlphaDEX Fund in the 3rd quarter valued at approximately $669,000. Virtu Financial LLC boosted its position in shares of First Trust Multi Cap Value AlphaDEX Fund by 218.9% during the third quarter. Virtu Financial LLC now owns 8,454 shares of the company’s stock valued at $714,000 after buying an additional 5,803 shares during the last quarter. Quad Cities Investment Group LLC increased its holdings in First Trust Multi Cap Value AlphaDEX Fund by 5.6% in the 4th quarter. Quad Cities Investment Group LLC now owns 9,064 shares of the company’s stock worth $748,000 after buying an additional 481 shares in the last quarter. Commonwealth Equity Services LLC raised its position in First Trust Multi Cap Value AlphaDEX Fund by 0.9% in the 2nd quarter. Commonwealth Equity Services LLC now owns 19,908 shares of the company’s stock worth $1,568,000 after buying an additional 171 shares during the last quarter. Finally, International Assets Investment Management LLC raised its position in First Trust Multi Cap Value AlphaDEX Fund by 8,348.9% in the 3rd quarter. International Assets Investment Management LLC now owns 66,493 shares of the company’s stock worth $5,618,000 after buying an additional 65,706 shares during the last quarter.

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.