First Trust Europe AlphaDEX Fund (NASDAQ:FEP) Short Interest Down 95.3% in June

( ) saw a notable decline in short interest for the month of July. On June 30, there were 13,800 shorted shares. This is a 95.3% decrease from the total of 290.600 shares on June 15. The short-interest rate is currently 0.5 days based on an average daily share volume of 26400.

First Trust Europe AlphaDEX Fund: Hedge Funds weigh in

Recently, several hedge funds and institutional investors changed their holdings in the company. Park Avenue Securities LLC purchased a new stake in First Trust Europe AlphaDEX Fund valued at $354,000 during the second quarter. Cambridge Investment Research Advisors Inc. increased its holdings of First Trust Europe AlphaDEX Fund shares by 9.4% in the second quarter. Cambridge Investment Research Advisors Inc. owns 52472 shares valued at $1806,000, after adding 4,495 more shares. Level Four Advisory Services LLC increased its holdings of First Trust Europe AlphaDEX Fund shares by 23.8% in the second quarter. Level Four Advisory Services LLC owns 10,331 of the company stock, valued at $356,000. This is after acquiring 1,987 additional shares. AE Wealth Management LLC increased its holdings of First Trust Europe AlphaDEX Fund shares by 6.4% in the second quarter. AE Wealth Management LLC owns 35.024 shares worth $1.206,000, after acquiring 2,106 additional shares. OneAscent Financial Services LLC increased its holdings of First Trust Europe AlphaDEX Fund shares by 44.3% in the second quarter. Trading on Friday saw a decline of $0.37, bringing the price to $35.68. The company's shares changed hands 8,213 times, as opposed to the average of 38,799. First Trust Europe AlphaDEX Fund's 52-week low is $25.75, and its 52-week high is $36.51. The stock's fifty-day moving average is $34.52 while its two hundred day moving average is $34.61. The stock's market capitalization is $265.82 millions, with a price to earnings ratio of -54.06, and a beta value of 1.09.

First Trust Europe AlphaDEX Fund increases Dividend

A quarterly dividend was also declared by the company and paid out on Friday 30th June. Dividends were paid to shareholders who had their shares on record as of Wednesday, June 28th. The dividend was $0.8555. First Trust Europe AlphaDEX Fund had previously paid a quarterly dividend of $0.05. This dividend became payable on Tuesday, June 27th. This is a $3.42 dividend with a dividend yield 9.59%. First Trust Europe AlphaDEX Fund has a payout ratio of -159.09%.

First Trust Europe AlphaDEX Fund Company profile

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First Trust Europe AlphaDEX Fund is an exchange traded fund based on NASDAQ AlphaDEX Europe. The fund tracks an equal-weighted index with 200 companies chosen from the S&P Europe BMI using S&P AlphaDex's selection methodology. FEP launched on April 18, 2011. It is managed by First Trust.

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