First Trust Large Cap Core AlphaDEX Fund (NASDAQ:FEX) Short Interest Update

First Trust Large Cap Core AlphaDEX Fund (NASDAQ:FEX) was the recipient of a large growth in short interest in the month of March. As of March 13th, there was short interest totaling 32,070 shares, a growth of 62.6% from the February 26th total of 19,722 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average trading volume of 15,453 shares, the short-interest ratio is currently 2.1 days.

First Trust Large Cap Core AlphaDEX Fund Stock Performance

First Trust Large Cap Core AlphaDEX Fund stock traded down $1.09 during mid-day trading on Friday, reaching $120.26. 8,214 shares of the company were exchanged, compared to its average volume of 21,356. First Trust Large Cap Core AlphaDEX Fund has a twelve month low of $88.06 and a twelve month high of $128.37. The firm’s 50-day simple moving average is $124.47 and its two-hundred day simple moving average is $119.99. The firm has a market cap of $1.38 billion, a PE ratio of 17.76 and a beta of 0.99.

First Trust Large Cap Core AlphaDEX Fund Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Thursday, March 26th will be paid a dividend of $0.2942 per share. This represents a $1.18 annualized dividend and a dividend yield of 1.0%. The ex-dividend date is Thursday, March 26th.

Hedge Funds Weigh In On First Trust Large Cap Core AlphaDEX Fund

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Rockefeller Capital Management L.P. increased its stake in First Trust Large Cap Core AlphaDEX Fund by 16.4% in the 4th quarter. Rockefeller Capital Management L.P. now owns 46,614 shares of the company’s stock valued at $5,529,000 after buying an additional 6,559 shares during the period. Virtu Financial LLC lifted its stake in shares of First Trust Large Cap Core AlphaDEX Fund by 365.4% in the 4th quarter. Virtu Financial LLC now owns 35,266 shares of the company’s stock worth $4,183,000 after acquiring an additional 27,688 shares during the period. Mercer Global Advisors Inc. ADV acquired a new stake in shares of First Trust Large Cap Core AlphaDEX Fund in the 4th quarter worth $468,000. Crusonia Wealth Advisors LLC purchased a new stake in shares of First Trust Large Cap Core AlphaDEX Fund in the fourth quarter valued at about $15,668,000. Finally, Claro Advisors Inc. acquired a new position in shares of First Trust Large Cap Core AlphaDEX Fund during the fourth quarter worth about $203,000.

First Trust Large Cap Core AlphaDEX Fund Company Profile

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. Standard & Poor’s constructs the Index by ranking the stocks from the S&P 500 Index on growth factors, including 3, 6 and 12-month price appreciation, sales to price and one-year sales growth, and separately on value factors, including book value to price, cash flow to price and return on assets.