First Trust Large Cap Core AlphaDEX Fund (NASDAQ:FEX) Sees Large Increase in Short Interest

First Trust Large Cap Core AlphaDEX Fund (NASDAQ:FEX) was the recipient of a significant growth in short interest in August. As of August 31st, there was short interest totalling 2,900 shares, a growth of 45.0% from the August 15th total of 2,000 shares. Based on an average daily trading volume, of 21,900 shares, the short-interest ratio is currently 0.1 days.

Shares of NASDAQ:FEX traded down $1.50 during mid-day trading on Monday, reaching $86.45. 49,904 shares of the company’s stock were exchanged, compared to its average volume of 34,618. First Trust Large Cap Core AlphaDEX Fund has a twelve month low of $60.12 and a twelve month high of $90.15. The business’s fifty day moving average price is $87.85 and its 200-day moving average price is $84.80.

Large investors have recently bought and sold shares of the company. NEXT Financial Group Inc boosted its stake in First Trust Large Cap Core AlphaDEX Fund by 32.0% in the second quarter. NEXT Financial Group Inc now owns 970 shares of the company’s stock valued at $83,000 after acquiring an additional 235 shares during the last quarter. FMR LLC raised its position in shares of First Trust Large Cap Core AlphaDEX Fund by 10.4% in the second quarter. FMR LLC now owns 1,314 shares of the company’s stock valued at $113,000 after purchasing an additional 124 shares during the period. Ameritas Investment Company LLC bought a new stake in shares of First Trust Large Cap Core AlphaDEX Fund in the first quarter valued at approximately $138,000. Harbour Investments Inc. bought a new stake in shares of First Trust Large Cap Core AlphaDEX Fund in the first quarter valued at approximately $159,000. Finally, Harfst & Associates Inc. bought a new stake in shares of First Trust Large Cap Core AlphaDEX Fund in the first quarter valued at approximately $200,000.

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.

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