First Trust Europe AlphaDEX Fund Price & Performance (FEP)

Several institutional investors have recently modified their positions in the First Trust Europe AlphaDEX Fund. Notable changes include Envestnet Asset Management increasing its stake by 1.6% and Assetmark Inc. boosting its position by 18.3%. The fund's stock is trading near its 12-month high of $41.87, reflecting positive investor sentiment.1

Short interest in First Trust Europe AlphaDEX Fund skyrocketed by 120.8% in February, climbing to 17,000 shares. This change contrasts sharply with the earlier decline reported mid-month. The rise in short interest highlights shifting market dynamics, as the fund's stock continues to trade near its 52-week high of $42.54.2

Celanese Corporation has seen its stock price forecasts significantly reduced by analysts, with JPMorgan cutting its target from $92 to $54. Challenges in earnings and pricing pressures in its Acetyl Chain segment are cited as key factors. Analysts recommend waiting for improved earnings stability before considering investment.3