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

First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC - Get Free Report) saw a significant decline in short interest in March. As of March 15th, there was short interest totalling 7,300 shares, a decline of 24.7% from the February 28th total of 9,700 shares. Based on an average trading volume of 30,000 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the company's stock are short sold.

First Trust Large Cap Growth AlphaDEX Fund Stock Down 5.1 %

Shares of FTC traded down $6.86 during mid-day trading on Thursday, hitting $127.27. 7,941 shares of the company's stock were exchanged, compared to its average volume of 26,142. The stock has a market cap of $1.01 billion, a price-to-earnings ratio of 25.94 and a beta of 1.04. The firm has a fifty day moving average of $139.88 and a two-hundred day moving average of $139.17. First Trust Large Cap Growth AlphaDEX Fund has a twelve month low of $113.13 and a twelve month high of $149.16.

First Trust Large Cap Growth AlphaDEX Fund Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Thursday, March 27th were paid a $0.0428 dividend. The ex-dividend date was Thursday, March 27th. This represents a $0.17 annualized dividend and a dividend yield of 0.13%.

Institutional Trading of First Trust Large Cap Growth AlphaDEX Fund

A number of hedge funds have recently modified their holdings of the company. Comprehensive Financial Planning Inc. PA acquired a new position in First Trust Large Cap Growth AlphaDEX Fund during the 4th quarter worth about $29,000. Pillar Financial Advisors LLC acquired a new position in First Trust Large Cap Growth AlphaDEX Fund during the fourth quarter valued at approximately $60,000. Mpwm Advisory Solutions LLC bought a new position in shares of First Trust Large Cap Growth AlphaDEX Fund during the fourth quarter worth $60,000. Centaurus Financial Inc. acquired a new position in shares of First Trust Large Cap Growth AlphaDEX Fund in the 4th quarter valued at $133,000. Finally, Runnymede Capital Advisors Inc. acquired a new stake in First Trust Large Cap Growth AlphaDEX Fund during the 4th quarter worth $138,000.

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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).