First Trust Large Cap Core AlphaDEX Fund (NASDAQ:FEX) Short Interest Update

First Trust Large Cap Core AlphaDEX Fund (NASDAQ:FEX - Get Free Report) was the recipient of a large growth in short interest during the month of March. As of March 31st, there was short interest totalling 15,700 shares, a growth of 406.5% from the March 15th total of 3,100 shares. Based on an average trading volume of 28,800 shares, the days-to-cover ratio is presently 0.5 days.

First Trust Large Cap Core AlphaDEX Fund Trading Down 1.2 %

FEX traded down $1.21 during trading on Wednesday, reaching $96.78. 16,280 shares of the company's stock were exchanged, compared to its average volume of 29,401. The stock has a market capitalization of $1.19 billion, a PE ratio of 15.41 and a beta of 1.06. First Trust Large Cap Core AlphaDEX Fund has a one year low of $76.65 and a one year high of $99.44. The firm has a fifty day moving average price of $95.65 and a two-hundred day moving average price of $88.80.

First Trust Large Cap Core AlphaDEX Fund Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 22nd were given a $0.2108 dividend. The ex-dividend date of this dividend was Thursday, March 21st. This represents a $0.84 dividend on an annualized basis and a dividend yield of 0.87%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Assetmark Inc. increased its stake in First Trust Large Cap Core AlphaDEX Fund by 29.1% during the 3rd quarter. Assetmark Inc. now owns 1,261 shares of the company's stock valued at $102,000 after purchasing an additional 284 shares in the last quarter. Triumph Capital Management increased its stake in First Trust Large Cap Core AlphaDEX Fund by 15.4% during the 3rd quarter. Triumph Capital Management now owns 68,457 shares of the company's stock valued at $5,552,000 after purchasing an additional 9,132 shares in the last quarter. Raymond James & Associates increased its stake in First Trust Large Cap Core AlphaDEX Fund by 17.6% during the 3rd quarter. Raymond James & Associates now owns 150,986 shares of the company's stock valued at $12,245,000 after purchasing an additional 22,592 shares in the last quarter. Financial Advocates Investment Management increased its stake in First Trust Large Cap Core AlphaDEX Fund by 1.4% during the 3rd quarter. Financial Advocates Investment Management now owns 10,383 shares of the company's stock valued at $842,000 after purchasing an additional 144 shares in the last quarter. Finally, Chicago Partners Investment Group LLC grew its stake in shares of First Trust Large Cap Core AlphaDEX Fund by 5.1% in the 3rd quarter. Chicago Partners Investment Group LLC now owns 54,800 shares of the company's stock worth $4,278,000 after acquiring an additional 2,655 shares in the last quarter.

First Trust Large Cap Core AlphaDEX Fund Company Profile

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.