First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC) Short Interest Down 14.9% in February

First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC) was the target of a large decline in short interest in the month of February. As of February 28th, there was short interest totalling 9,700 shares, a decline of 14.9% from the February 13th total of 11,400 shares. Based on an average daily volume of 26,500 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.1% of the shares of the company are sold short.

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

A number of large investors have recently made changes to their positions in FTC. Comprehensive Financial Planning Inc. PA bought a new position in shares of First Trust Large Cap Growth AlphaDEX Fund during the 4th quarter valued at approximately $29,000. Pillar Financial Advisors LLC bought a new position in shares of First Trust Large Cap Growth AlphaDEX Fund during the 4th quarter valued at approximately $60,000. Mpwm Advisory Solutions LLC bought a new position in shares of First Trust Large Cap Growth AlphaDEX Fund during the 4th quarter valued at approximately $60,000. Centaurus Financial Inc. bought a new position in shares of First Trust Large Cap Growth AlphaDEX Fund during the 4th quarter valued at approximately $133,000. Finally, Runnymede Capital Advisors Inc. bought a new position in shares of First Trust Large Cap Growth AlphaDEX Fund during the 4th quarter valued at approximately $138,000.

First Trust Large Cap Growth AlphaDEX Fund Stock Up 1.3 %

Shares of First Trust Large Cap Growth AlphaDEX Fund stock traded up $1.72 during trading hours on Wednesday, reaching $132.61. 6,175 shares of the stock traded hands, compared to its average volume of 25,170. The company has a 50 day moving average price of $141.53 and a 200 day moving average price of $138.51. The firm has a market capitalization of $1.05 billion, a price-to-earnings ratio of 26.16 and a beta of 1.04. First Trust Large Cap Growth AlphaDEX Fund has a one year low of $113.13 and a one year high of $149.16.

About First Trust Large Cap Growth AlphaDEX Fund

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).