The short interest for First Trust Large Cap Core AlphaDEX Fund (NASDAQ:FEX) saw a significant increase of 568.5% in October, according to MarketBeat. This indicates a growing number of investors betting against the fund’s performance.
DailyBubble believes that this spike in short interest could be due to concerns about the fund’s underlying assets or market conditions. It’s important for investors to stay informed and carefully consider their investment decisions, especially in times of increased volatility.
While short interest can be a useful indicator of market sentiment, it’s essential to take a balanced approach to investing and not rely solely on this metric. DailyBubble recommends conducting thorough research and seeking professional advice before making any investment decisions.