First Trust Large Cap Core AlphaDEX Fund (NASDAQ:FEX) Short Interest Up 568.5% in October

First Trust Large Cap Core AlphaDEX Fund (NASDAQ:FEX) was the target of a significant growth in short interest during the month of October. As of October 15th, there was short interest totalling 36,100 shares, a growth of 568.5% from the September 30th total of 5,400 shares. Based on an average trading volume of 23,700 shares, the short-interest ratio is currently 1.5 days.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Wetzel Investment Advisors Inc. lifted its stake in First Trust Large Cap Core AlphaDEX Fund by 1.2% in the second quarter. Wetzel Investment Advisors Inc. now owns 14,513 shares of the company’s stock worth $1,440,000 after acquiring an additional 178 shares during the period. Oppenheimer & Co. Inc. lifted its holdings in First Trust Large Cap Core AlphaDEX Fund by 2.4% in the first quarter. Oppenheimer & Co. Inc. now owns 12,807 shares of the company’s stock worth $1,271,000 after buying an additional 305 shares during the period. Cambridge Investment Research Advisors Inc. boosted its position in First Trust Large Cap Core AlphaDEX Fund by 0.3% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 98,598 shares of the company’s stock valued at $9,563,000 after acquiring an additional 314 shares in the last quarter. Secure Asset Management LLC grew its holdings in shares of First Trust Large Cap Core AlphaDEX Fund by 2.5% during the 3rd quarter. Secure Asset Management LLC now owns 41,568 shares of the company’s stock worth $4,330,000 after acquiring an additional 1,021 shares during the period. Finally, Silver Oak Securities Incorporated raised its position in shares of First Trust Large Cap Core AlphaDEX Fund by 0.9% in the 3rd quarter. Silver Oak Securities Incorporated now owns 145,862 shares of the company’s stock worth $15,158,000 after acquiring an additional 1,248 shares in the last quarter.

First Trust Large Cap Core AlphaDEX Fund Stock Down 0.6 %

Shares of First Trust Large Cap Core AlphaDEX Fund stock traded down $0.58 during trading on Friday, reaching $104.52. The company’s stock had a trading volume of 11,555 shares, compared to its average volume of 23,942. The company has a market cap of $1.28 billion, a price-to-earnings ratio of 17.45 and a beta of 1.06. The firm’s 50-day moving average is $102.79 and its two-hundred day moving average is $99.03. First Trust Large Cap Core AlphaDEX Fund has a 52-week low of $76.65 and a 52-week high of $106.68.

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 paid a dividend of $0.3502 per share. This is a boost from First Trust Large Cap Core AlphaDEX Fund’s previous quarterly dividend of $0.26. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.34%. The ex-dividend date was Thursday, September 26th.

About First Trust Large Cap Core AlphaDEX Fund

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.