First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC) Short Interest Up 3,042.9% in October

First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC) was the target of a large increase in short interest during the month of October. As of October 31st, there was short interest totalling 22,000 shares, an increase of 3,042.9% from the October 15th total of 700 shares. Based on an average daily volume of 30,100 shares, the short-interest ratio is presently 0.7 days.

First Trust Large Cap Growth AlphaDEX Fund Trading Down 0.0 %

FTC stock opened at $143.47 on Thursday. First Trust Large Cap Growth AlphaDEX Fund has a 1 year low of $101.01 and a 1 year high of $144.77. The company has a fifty day simple moving average of $132.51 and a 200 day simple moving average of $125.78. The firm has a market cap of $1.17 billion, a PE ratio of 21.72 and a beta of 1.04.

First Trust Large Cap Growth AlphaDEX Fund Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were paid a $0.0999 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.28%. 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.

Institutional Investors Weigh In On First Trust Large Cap Growth AlphaDEX Fund

Institutional investors and hedge funds have recently modified their holdings of the business. LRI Investments LLC acquired a new stake in shares of First Trust Large Cap Growth AlphaDEX Fund in the 1st quarter valued at $31,000. Hilltop National Bank bought a new stake in First Trust Large Cap Growth AlphaDEX Fund during the second quarter valued at about $84,000. Zions Bancorporation N.A. bought a new stake in First Trust Large Cap Growth AlphaDEX Fund during the second quarter valued at about $147,000. FMR LLC boosted its holdings in First Trust Large Cap Growth AlphaDEX Fund by 80.1% during the third quarter. FMR LLC now owns 1,799 shares of the company’s stock valued at $236,000 after acquiring an additional 800 shares during the period. Finally, LexAurum Advisors LLC boosted its holdings in First Trust Large Cap Growth AlphaDEX Fund by 8.6% during the third quarter. LexAurum Advisors LLC now owns 1,906 shares of the company’s stock valued at $251,000 after acquiring an additional 151 shares during the period.

About First Trust Large Cap Growth AlphaDEX Fund

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).