First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC) Sees Large Increase in Short Interest

First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC) was the recipient of a significant growth in short interest during the month of January. As of January 15th, there was short interest totalling 6,500 shares, a growth of 983.3% from the December 31st total of 600 shares. Based on an average trading volume of 22,900 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Trading of First Trust Large Cap Growth AlphaDEX Fund

A number of institutional investors and hedge funds have recently made changes to their positions in FTC. Comprehensive Financial Planning Inc. PA bought a new position in shares of First Trust Large Cap Growth AlphaDEX Fund in the 4th quarter valued at approximately $29,000. Spirit of America Management Corp NY lifted its stake in shares of First Trust Large Cap Growth AlphaDEX Fund by 9.6% in the fourth quarter. Spirit of America Management Corp NY now owns 1,339 shares of the company’s stock worth $185,000 after buying an additional 117 shares during the last quarter. FMR LLC boosted its holdings in shares of First Trust Large Cap Growth AlphaDEX Fund by 80.1% during the 3rd quarter. FMR LLC now owns 1,799 shares of the company’s stock worth $236,000 after buying an additional 800 shares during the period. LexAurum Advisors LLC grew its stake in First Trust Large Cap Growth AlphaDEX Fund by 8.6% in the 3rd quarter. LexAurum Advisors LLC now owns 1,906 shares of the company’s stock valued at $251,000 after buying an additional 151 shares during the last quarter. Finally, Private Client Services LLC bought a new position in First Trust Large Cap Growth AlphaDEX Fund in the 3rd quarter worth $254,000.

First Trust Large Cap Growth AlphaDEX Fund Stock Down 0.3 %

Shares of FTC opened at $144.52 on Thursday. The firm has a market cap of $1.16 billion, a price-to-earnings ratio of 21.72 and a beta of 1.04. The company’s fifty day moving average is $143.26 and its 200-day moving average is $134.09. First Trust Large Cap Growth AlphaDEX Fund has a 12 month low of $111.53 and a 12 month high of $149.16.

First Trust Large Cap Growth AlphaDEX Fund Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were issued a dividend of $0.2752 per share. The ex-dividend date was Friday, December 13th.

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).