First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC) Short Interest Update

First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC - Get Free Report) was the target of a large growth in short interest in the month of April. As of April 15th, there was short interest totalling 13,800 shares, a growth of 68.3% from the March 31st total of 8,200 shares. Approximately 0.2% of the company's shares are short sold. Based on an average daily trading volume, of 34,700 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Trading of First Trust Large Cap Growth AlphaDEX Fund

Hedge funds have recently bought and sold shares of the stock. Moloney Securities Asset Management LLC raised its holdings in shares of First Trust Large Cap Growth AlphaDEX Fund by 4.5% during the fourth quarter. Moloney Securities Asset Management LLC now owns 2,444 shares of the company's stock worth $338,000 after acquiring an additional 105 shares during the period. Spirit of America Management Corp NY raised its stake in shares of First Trust Large Cap Growth AlphaDEX Fund by 9.6% in the 4th quarter. Spirit of America Management Corp NY now owns 1,339 shares of the company's stock valued at $185,000 after purchasing an additional 117 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of First Trust Large Cap Growth AlphaDEX Fund by 3.0% in the fourth quarter. JPMorgan Chase & Co. now owns 5,627 shares of the company's stock valued at $778,000 after purchasing an additional 165 shares in the last quarter. Pine Valley Investments Ltd Liability Co boosted its position in shares of First Trust Large Cap Growth AlphaDEX Fund by 5.9% during the fourth quarter. Pine Valley Investments Ltd Liability Co now owns 3,406 shares of the company's stock worth $471,000 after buying an additional 191 shares during the period. Finally, Wealthcare Advisory Partners LLC grew its holdings in shares of First Trust Large Cap Growth AlphaDEX Fund by 4.8% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 4,363 shares of the company's stock worth $603,000 after buying an additional 200 shares in the last quarter.

First Trust Large Cap Growth AlphaDEX Fund Stock Performance

NASDAQ:FTC traded up $1.00 on Tuesday, reaching $132.91. The company's stock had a trading volume of 12,711 shares, compared to its average volume of 27,416. First Trust Large Cap Growth AlphaDEX Fund has a 1-year low of $113.13 and a 1-year high of $149.16. The business's 50-day moving average price is $131.29 and its two-hundred day moving average price is $138.42. The firm has a market cap of $1.04 billion, a PE ratio of 24.23 and a beta of 1.04.

First Trust Large Cap Growth AlphaDEX Fund Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were paid a dividend of $0.0428 per share. The ex-dividend date was Thursday, March 27th. This represents a $0.17 dividend on an annualized basis and a yield of 0.13%.

First Trust Large Cap Growth AlphaDEX Fund Company Profile

First Trust Large Cap Growth AlphaDEX Fund (the Fund), formerly First Trust Large Cap Growth Opportunities AlphaDEX Fund, is an exchange-traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield of an equity index called the Defined Large Cap Growth Index (the Index).

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