First Trust Large Cap Value AlphaDEX Fund (NASDAQ:FTA) Short Interest Update

First Trust Large Cap Value AlphaDEX Fund (NASDAQ:FTA - Get Free Report) was the target of a large decrease in short interest in the month of March. As of March 31st, there was short interest totalling 11,100 shares, a decrease of 21.3% from the March 15th total of 14,100 shares. Based on an average trading volume of 43,800 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the shares of the company are sold short.

First Trust Large Cap Value AlphaDEX Fund Stock Up 0.7 %

Shares of NASDAQ FTA traded up $0.51 during trading on Wednesday, reaching $72.07. 75,179 shares of the company traded hands, compared to its average volume of 46,817. The firm has a 50 day simple moving average of $74.80 and a 200-day simple moving average of $77.63. First Trust Large Cap Value AlphaDEX Fund has a 52-week low of $66.01 and a 52-week high of $83.93. The stock has a market capitalization of $1.05 billion, a PE ratio of 13.50 and a beta of 1.11.

First Trust Large Cap Value AlphaDEX Fund Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were issued a $0.3953 dividend. This represents a $1.58 annualized dividend and a yield of 2.19%. The ex-dividend date of this dividend was Thursday, March 27th.

Institutional Investors Weigh In On First Trust Large Cap Value AlphaDEX Fund

A number of hedge funds have recently added to or reduced their stakes in FTA. Runnymede Capital Advisors Inc. purchased a new position in shares of First Trust Large Cap Value AlphaDEX Fund in the 4th quarter worth $27,000. Farther Finance Advisors LLC boosted its position in First Trust Large Cap Value AlphaDEX Fund by 447.1% in the first quarter. Farther Finance Advisors LLC now owns 465 shares of the company's stock worth $36,000 after purchasing an additional 380 shares during the last quarter. Private Trust Co. NA grew its stake in shares of First Trust Large Cap Value AlphaDEX Fund by 45.1% during the 4th quarter. Private Trust Co. NA now owns 624 shares of the company's stock valued at $48,000 after purchasing an additional 194 shares during the period. Mpwm Advisory Solutions LLC purchased a new stake in shares of First Trust Large Cap Value AlphaDEX Fund during the 4th quarter valued at about $55,000. Finally, Golden State Wealth Management LLC bought a new position in shares of First Trust Large Cap Value AlphaDEX Fund in the 4th quarter worth approximately $69,000.

First Trust Large Cap Value AlphaDEX Fund Company Profile

The First Trust Large Cap Value AlphaDEX Fund (FTA) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Large Cap Value index. The fund selects and weights value stocks using fundamental factors including sales, book value and cash flows. FTA was launched on May 8, 2007 and is managed by First Trust.