Short Interest in First Trust Large Cap Core AlphaDEX Fund (NASDAQ:FEX) Expands By 800.0%

First Trust Large Cap Core AlphaDEX Fund (NASDAQ:FEX) saw a large growth in short interest during the month of September. As of September 30th, there was short interest totalling 5,400 shares, a growth of 800.0% from the September 15th total of 600 shares. Based on an average trading volume of 20,700 shares, the short-interest ratio is currently 0.3 days.

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

Institutional investors have recently bought and sold shares of the stock. Scarborough Advisors LLC acquired a new position in shares of First Trust Large Cap Core AlphaDEX Fund in the 4th quarter valued at $37,000. Indiana Trust & Investment Management CO purchased a new position in shares of First Trust Large Cap Core AlphaDEX Fund in the 1st quarter worth $109,000. Ashton Thomas Private Wealth LLC acquired a new position in First Trust Large Cap Core AlphaDEX Fund in the second quarter valued at $123,000. International Assets Investment Management LLC purchased a new stake in First Trust Large Cap Core AlphaDEX Fund during the second quarter valued at about $166,000. Finally, SpiderRock Advisors LLC purchased a new stake in First Trust Large Cap Core AlphaDEX Fund during the first quarter valued at about $201,000.

First Trust Large Cap Core AlphaDEX Fund Trading Down 0.3 %

First Trust Large Cap Core AlphaDEX Fund stock opened at $104.24 on Friday. The stock has a fifty day moving average price of $100.97 and a 200 day moving average price of $98.51. First Trust Large Cap Core AlphaDEX Fund has a 52 week low of $76.65 and a 52 week high of $104.63. The firm has a market capitalization of $1.53 billion, a P/E ratio of 17.45 and a beta of 1.06.

First Trust Large Cap Core AlphaDEX Fund Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were issued a dividend of $0.3502 per share. This is a positive change from First Trust Large Cap Core AlphaDEX Fund’s previous quarterly dividend of $0.26. This represents a $1.40 annualized dividend and a dividend yield of 1.34%. The ex-dividend date was Thursday, September 26th.

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.