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

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

First Trust Large Cap Growth AlphaDEX Fund Trading Up 0.6 %

FTC traded up $0.83 on Tuesday, hitting $132.23. 5,050 shares of the company’s stock were exchanged, compared to its average volume of 26,052. First Trust Large Cap Growth AlphaDEX Fund has a fifty-two week low of $113.13 and a fifty-two week high of $149.16. The stock has a market cap of $1.05 billion, a price-to-earnings ratio of 25.94 and a beta of 1.04. The firm has a 50-day moving average price of $140.38 and a 200-day moving average price of $139.16.

First Trust Large Cap Growth AlphaDEX Fund Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were given a dividend of $0.0428 per share. The ex-dividend date was 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

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

First Trust Large Cap Growth AlphaDEX Fund Company Profile

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).