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

First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC) saw a significant decline in short interest during the month of November. As of November 15th, there was short interest totalling 9,700 shares, a decline of 55.9% from the October 31st total of 22,000 shares. Based on an average daily volume of 31,700 shares, the days-to-cover ratio is currently 0.3 days.

First Trust Large Cap Growth AlphaDEX Fund Price Performance

NASDAQ FTC traded down $0.09 on Thursday, reaching $147.43. The company had a trading volume of 8,120 shares, compared to its average volume of 28,744. The firm has a market cap of $1.20 billion, a price-to-earnings ratio of 21.72 and a beta of 1.04. First Trust Large Cap Growth AlphaDEX Fund has a fifty-two week low of $102.68 and a fifty-two week high of $148.21. The business has a 50 day moving average of $136.43 and a two-hundred day moving average of $127.59.

First Trust Large Cap Growth AlphaDEX Fund Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were given a $0.0999 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.27%. The ex-dividend date of this dividend was Thursday, September 26th. This is a positive change from First Trust Large Cap Growth AlphaDEX Fund’s previous quarterly dividend of $0.05.

Hedge Funds Weigh In On First Trust Large Cap Growth AlphaDEX Fund

A number of hedge funds have recently made changes to their positions in FTC. International Assets Investment Management LLC boosted its holdings in First Trust Large Cap Growth AlphaDEX Fund by 12,202.4% in the third quarter. International Assets Investment Management LLC now owns 521,991 shares of the company’s stock valued at $68,610,000 after acquiring an additional 517,748 shares during the last quarter. Janney Montgomery Scott LLC bought a new stake in shares of First Trust Large Cap Growth AlphaDEX Fund in the 3rd quarter valued at $56,552,000. Cetera Investment Advisers increased its position in shares of First Trust Large Cap Growth AlphaDEX Fund by 125.9% during the first quarter. Cetera Investment Advisers now owns 130,107 shares of the company’s stock worth $16,040,000 after buying an additional 72,523 shares during the period. Benjamin Edwards Inc. raised its stake in 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 buying an additional 45,509 shares during the last quarter. Finally, Benjamin F. Edwards & Company Inc. lifted its holdings in First Trust Large Cap Growth AlphaDEX Fund by 161.0% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 50,302 shares of the company’s stock valued at $6,163,000 after buying an additional 31,028 shares during the period.

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).