First Trust Mid Cap Core AlphaDEX Fund (NASDAQ:FNX) Sees Large Growth in Short Interest

First Trust Mid Cap Core AlphaDEX Fund (NASDAQ:FNX - Get Free Report) was the recipient of a significant increase in short interest in the month of December. As of December 31st, there was short interest totaling 6,334 shares, an increase of 142.6% from the December 15th total of 2,611 shares. Currently, 0.1% of the company's stock are short sold. Based on an average daily volume of 12,564 shares, the short-interest ratio is presently 0.5 days. Based on an average daily volume of 12,564 shares, the short-interest ratio is presently 0.5 days. Currently, 0.1% of the company's stock are short sold.First Trust Mid Cap Core AlphaDEX Fund Stock PerformanceShares of FNX opened at $132.77 on Wednesday. The stock has a 50-day simple moving average of $126.25 and a 200-day simple moving average of $123.49. First Trust Mid Cap Core AlphaDEX Fund has a 1 year low of $93.19 and a 1 year high of $133.40. The stock has a market capitalization of $1.23 billion, a PE ratio of 14.19 and a beta of 1.12. First Trust Mid Cap Core AlphaDEX Fund Increases DividendThe company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th were given a $0.3914 dividend. The ex-dividend date of this dividend was Friday, December 12th. This represents a $1.57 dividend on an annualized basis and a dividend yield of 1.2%. This is a boost from First Trust Mid Cap Core AlphaDEX Fund's previous quarterly dividend of $0.19. Institutional Trading of First Trust Mid Cap Core AlphaDEX FundInstitutional investors have recently bought and sold shares of the business. First Heartland Consultants Inc. lifted its position in shares of First Trust Mid Cap Core AlphaDEX Fund by 270.8% during the 4th quarter. First Heartland Consultants Inc. now owns 17,416 shares of the company's stock worth $2,194,000 after buying an additional 12,719 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in First Trust Mid Cap Core AlphaDEX Fund by 1.4% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 19,574 shares of the company's stock worth $2,576,000 after acquiring an additional 279 shares in the last quarter. Triumph Capital Management acquired a new position in First Trust Mid Cap Core AlphaDEX Fund in the third quarter valued at $201,000. Advisory Services Network LLC purchased a new position in shares of First Trust Mid Cap Core AlphaDEX Fund during the third quarter worth about $136,000. Finally, Kestra Private Wealth Services LLC increased its position in shares of First Trust Mid Cap Core AlphaDEX Fund by 2.9% during the third quarter. Kestra Private Wealth Services LLC now owns 43,901 shares of the company's stock worth $5,505,000 after purchasing an additional 1,230 shares in the last quarter. First Trust Mid Cap Core AlphaDEX Fund Company Profile (Get Free Report)The First Trust Mid Cap Core AlphaDEX Fund (FNX) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Mid Cap Core index. The fund tracks a tiered equal-weighted index of US mid-cap equities selected using both growth and value screens. FNX was launched on May 8, 2007 and is managed by First Trust. Recommended StoriesFive stocks we like better than First Trust Mid Cap Core AlphaDEX FundThis $15 Stock Could Go Down as the #1 Stock of 2026If You Keep Cash In A U.S. Bank Account… Read This NOWPunch these codes into your ordinary brokerage accountThe Crash Has Already Started (Most Just Don’t See It Yet)Bitcoin grabs headlines, but smart money likes this tokenThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in First Trust Mid Cap Core AlphaDEX Fund Right Now?Before you consider First Trust Mid Cap Core AlphaDEX Fund, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and First Trust Mid Cap Core AlphaDEX Fund wasn't on the list.While First Trust Mid Cap Core AlphaDEX Fund currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here