First Trust Large Cap Value AlphaDEX Fund (NASDAQ:FTA) Short Interest Up 248.7% in March

Key Points

• Short interest surged 248.7% in March to 65,708 shares (about 0.5% of shares outstanding), leaving a short-interest ratio of 1.8 days based on average daily volume.
• FTA trades near $91.94 with a market cap of $1.26 billion, a P/E of 13.54, and a 12‑month range of $66.01 to $95.64.
• Institutional inflows were notable: multiple firms increased or opened positions recently (e.g., Jones Financial +46.3%, Baird +211.6%, Richmond +100.1%), signaling renewed investor interest.

First Trust Large Cap Value AlphaDEX Fund (NASDAQ:FTA - ) was the target of a large increase in short interest during the month of March. As of March 13th, there was short interest totaling 65,708 shares, an increase of 248.7% from the February 26th total of 18,846 shares. Approximately 0.5% of the company's stock are sold short. Based on an average daily volume of 35,687 shares, the short-interest ratio is currently 1.8 days. Based on an average daily volume of 35,687 shares, the short-interest ratio is currently 1.8 days. Approximately 0.5% of the company's stock are sold short.

First Trust Large Cap Value AlphaDEX Fund Trading Up 0.8%

Shares of FTA stock opened at $91.94 on Wednesday. The company has a market cap of $1.26 billion, a P/E ratio of 13.54 and a beta of 0.91. The firm has a fifty day moving average price of $92.14 and a 200 day moving average price of $87.11. First Trust Large Cap Value AlphaDEX Fund has a 12 month low of $66.01 and a 12 month high of $95.64.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in FTA. Jones Financial Companies Lllp raised its position in shares of First Trust Large Cap Value AlphaDEX Fund by 46.3% during the 1st quarter. Jones Financial Companies Lllp now owns 6,893 shares of the company's stock worth $529,000 after acquiring an additional 2,180 shares in the last quarter. Global Retirement Partners LLC acquired a new position in First Trust Large Cap Value AlphaDEX Fund in the second quarter valued at approximately $772,000. Richmond Investment Services LLC increased its stake in First Trust Large Cap Value AlphaDEX Fund by 100.1% in the second quarter. Richmond Investment Services LLC now owns 13,438 shares of the company's stock valued at $1,057,000 after purchasing an additional 6,722 shares during the last quarter. Baird Financial Group Inc. increased its stake in First Trust Large Cap Value AlphaDEX Fund by 211.6% in the second quarter. Baird Financial Group Inc. now owns 31,020 shares of the company's stock valued at $2,439,000 after purchasing an additional 21,066 shares during the last quarter. Finally, Cresset Asset Management LLC acquired a new stake in First Trust Large Cap Value AlphaDEX Fund during the second quarter worth approximately $208,000.

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.

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