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

First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC) was the target of a large decrease in short interest in December. As of December 15th, there was short interest totalling 600 shares, a decrease of 93.7% from the November 30th total of 9,500 shares. Based on an average trading volume of 32,300 shares, the short-interest ratio is presently 0.0 days.

First Trust Large Cap Growth AlphaDEX Fund Stock Down 0.2 %

NASDAQ:FTC traded down $0.31 during midday trading on Thursday, hitting $141.96. The stock had a trading volume of 6,612 shares, compared to its average volume of 28,172. The stock has a 50-day moving average of $141.46 and a 200 day moving average of $130.85. The company has a market capitalization of $1.16 billion, a price-to-earnings ratio of 21.72 and a beta of 1.04. First Trust Large Cap Growth AlphaDEX Fund has a one year low of $106.10 and a one year high of $149.16.

First Trust Large Cap Growth AlphaDEX Fund Announces Dividend

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in FTC. International Assets Investment Management LLC raised its stake in shares of First Trust Large Cap Growth AlphaDEX Fund by 12,202.4% during the 3rd quarter. International Assets Investment Management LLC now owns 521,991 shares of the company’s stock worth $68,610,000 after acquiring an additional 517,748 shares in the last quarter. Janney Montgomery Scott LLC purchased a new position in First Trust Large Cap Growth AlphaDEX Fund in the third quarter worth $56,552,000. Benjamin Edwards Inc. increased its position in shares of 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 purchasing an additional 45,509 shares in the last quarter. Benjamin F. Edwards & Company Inc. lifted its holdings in shares of First Trust Large Cap Growth AlphaDEX Fund by 161.0% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 50,302 shares of the company’s stock valued at $6,163,000 after purchasing an additional 31,028 shares during the last quarter. Finally, CoreCap Advisors LLC acquired a new stake in shares of First Trust Large Cap Growth AlphaDEX Fund in the 2nd quarter worth $2,758,000.

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).