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

First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC) was the target of a large drop in short interest in the month of March. As of March 15th, there was short interest totalling 7,300 shares, a drop of 24.7% from the February 28th total of 9,700 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average trading volume of 30,000 shares, the short-interest ratio is presently 0.2 days.

First Trust Large Cap Growth AlphaDEX Fund Stock Up 0.1 %

Shares of First Trust Large Cap Growth AlphaDEX Fund stock traded up $0.10 during trading hours on Monday, hitting $131.51. 32,301 shares of the company’s stock traded hands, compared to its average volume of 26,118. First Trust Large Cap Growth AlphaDEX Fund has a twelve month low of $113.13 and a twelve month high of $149.16. The company has a market cap of $1.05 billion, a PE ratio of 25.94 and a beta of 1.04. The stock has a 50 day simple moving average of $140.62 and a 200-day simple moving average of $139.12.

First Trust Large Cap Growth AlphaDEX Fund Cuts Dividend

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

Institutional Trading of First Trust Large Cap Growth AlphaDEX Fund

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Raymond James Financial Inc. acquired a new position in First Trust Large Cap Growth AlphaDEX Fund during the 4th quarter worth $27,798,000. Benjamin Edwards Inc. lifted its position in shares of First Trust Large Cap Growth AlphaDEX Fund by 4,103.6% during the third quarter. Benjamin Edwards Inc. now owns 46,618 shares of the company’s stock worth $6,130,000 after purchasing an additional 45,509 shares during the last quarter. Jane Street Group LLC grew its stake in First Trust Large Cap Growth AlphaDEX Fund by 224.5% in the fourth quarter. Jane Street Group LLC now owns 50,342 shares of the company’s stock worth $6,960,000 after purchasing an additional 34,829 shares in the last quarter. Baird Financial Group Inc. increased its holdings in First Trust Large Cap Growth AlphaDEX Fund by 26.8% in the fourth quarter. Baird Financial Group Inc. now owns 149,647 shares of the company’s stock valued at $20,689,000 after buying an additional 31,662 shares during the last quarter. Finally, Independent Advisor Alliance acquired a new stake in First Trust Large Cap Growth AlphaDEX Fund during the fourth quarter valued at approximately $2,946,000.

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).