First Trust Europe AlphaDEX Fund (NASDAQ:FEP) Short Interest Up 6.1% in December

First Trust Europe AlphaDEX Fund (NASDAQ:FEP) saw a significant growth in short interest in the month of December. As of December 15th, there was short interest totalling 20,800 shares, a growth of 6.1% from the November 30th total of 19,600 shares. Based on an average daily volume of 16,700 shares, the short-interest ratio is currently 1.2 days.

First Trust Europe AlphaDEX Fund Price Performance

First Trust Europe AlphaDEX Fund stock opened at $35.65 on Friday. First Trust Europe AlphaDEX Fund has a 12-month low of $34.56 and a 12-month high of $39.86. The company has a market capitalization of $192.51 million, a price-to-earnings ratio of -54.02 and a beta of 1.09. The firm’s fifty day moving average price is $36.75 and its 200 day moving average price is $37.55.

First Trust Europe AlphaDEX Fund Announces Dividend

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were paid a $0.2698 dividend. The ex-dividend date was Friday, December 13th. First Trust Europe AlphaDEX Fund’s dividend payout ratio (DPR) is -268.18%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Ashton Thomas Private Wealth LLC acquired a new position in First Trust Europe AlphaDEX Fund during the 2nd quarter worth $33,000. JPMorgan Chase & Co. grew its stake in First Trust Europe AlphaDEX Fund by 76.6% in the third quarter. JPMorgan Chase & Co. now owns 2,307 shares of the company’s stock worth $90,000 after purchasing an additional 1,001 shares in the last quarter. Walker Asset Management LLC acquired a new position in First Trust Europe AlphaDEX Fund in the third quarter worth about $203,000. Pinnacle Family Advisors LLC acquired a new stake in First Trust Europe AlphaDEX Fund during the third quarter valued at approximately $209,000. Finally, Pine Valley Investments Ltd Liability Co acquired a new stake in First Trust Europe AlphaDEX Fund during the third quarter valued at approximately $209,000.

First Trust Europe AlphaDEX Fund Company Profile

The First Trust Europe AlphaDEX Fund (FEP) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Europe index. The fund tracks a tiered equal-weighted index of 200 companies selected from the S&P Europe BMI based on the S&P’s AlphaDex selection methodology. FEP was launched on Apr 18, 2011 and is managed by First Trust.