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

First Trust Large Cap Core AlphaDEX Fund (NASDAQ:FEX - Get Free Report) was the recipient of a large increase in short interest during the month of May. As of May 15th, there was short interest totalling 16,500 shares, an increase of 150.0% from the April 30th total of 6,600 shares. Approximately 0.1% of the company's stock are short sold. Based on an average daily trading volume, of 40,000 shares, the short-interest ratio is presently 0.4 days.

First Trust Large Cap Core AlphaDEX Fund Stock Up 0.7%

Shares of NASDAQ FEX traded up $0.74 during trading hours on Tuesday, hitting $106.46. 22,084 shares of the stock were exchanged, compared to its average volume of 25,996. First Trust Large Cap Core AlphaDEX Fund has a 12 month low of $88.06 and a 12 month high of $113.17. The firm has a fifty day moving average price of $100.59 and a 200-day moving average price of $104.82. The company has a market cap of $1.29 billion, a PE ratio of 18.17 and a beta of 1.06.

First Trust Large Cap Core AlphaDEX Fund Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were given a dividend of $0.2989 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.12%. The ex-dividend date was Thursday, March 27th.

Institutional Trading of First Trust Large Cap Core AlphaDEX Fund

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Hurley Capital LLC acquired a new position in First Trust Large Cap Core AlphaDEX Fund during the 4th quarter valued at about $34,000. Millstone Evans Group LLC purchased a new stake in shares of First Trust Large Cap Core AlphaDEX Fund during the first quarter worth about $42,000. Ignite Planners LLC purchased a new stake in shares of First Trust Large Cap Core AlphaDEX Fund during the first quarter worth about $241,000. NBC Securities Inc. increased its holdings in shares of First Trust Large Cap Core AlphaDEX Fund by 143,700.0% during the first quarter. NBC Securities Inc. now owns 2,876 shares of the company's stock valued at $294,000 after acquiring an additional 2,874 shares in the last quarter. Finally, Three Seasons Wealth LLC acquired a new position in shares of First Trust Large Cap Core AlphaDEX Fund during the fourth quarter valued at about $300,000.

About First Trust Large Cap Core AlphaDEX Fund

First Trust Large Cap Core AlphaDEX Fund (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield of an equity index called the Defined Large Cap Core Index (the Index). The Index is an enhanced index created and administered by Standard & Poor's, which employs the AlphaDEX stock selection methodology to select stocks from the S&P 500 Index.