First Trust Large Cap Core AlphaDEX Fund (NASDAQ:FEX) Stock Short Interest Report for October

First Trust Large Cap Core AlphaDEX Fund (NASDAQ:FEX) was the recipient of a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 51,429 shares, a growth of 125.8% from the September 30th total of 22,773 shares. Approximately 0.4% of the company’s stock are short sold. Based on an average daily volume of 20,873 shares, the short-interest ratio is currently 2.5 days.

Institutional Trading of First Trust Large Cap Core AlphaDEX Fund

Hedge funds have recently made changes to their positions in the stock. Ameritas Advisory Services LLC increased its stake in shares of First Trust Large Cap Core AlphaDEX Fund by 1,168.7% in the second quarter. Ameritas Advisory Services LLC now owns 60,274 shares of the company’s stock worth $8,431,000 after buying an additional 55,523 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in First Trust Large Cap Core AlphaDEX Fund by 44.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 86,559 shares of the company’s stock valued at $12,107,000 after acquiring an additional 26,490 shares during the last quarter. D.A. Davidson & CO. bought a new position in First Trust Large Cap Core AlphaDEX Fund during the 3rd quarter valued at $3,450,000. Oppenheimer & Co. Inc. acquired a new position in First Trust Large Cap Core AlphaDEX Fund during the 3rd quarter worth $2,044,000. Finally, Hershey Financial Advisers LLC acquired a new stake in shares of First Trust Large Cap Core AlphaDEX Fund in the 1st quarter valued at about $1,613,000.

First Trust Large Cap Core AlphaDEX Fund Trading Down 0.9%

NASDAQ FEX traded down $1.25 during mid-day trading on Friday, reaching $137.63. 15,586 shares of the company’s stock traded hands, compared to its average volume of 21,850. First Trust Large Cap Core AlphaDEX Fund has a 1-year low of $111.75 and a 1-year high of $142.60. The company has a fifty day simple moving average of $136.28 and a 200-day simple moving average of $131.97. The company has a market cap of $1.59 billion, a price-to-earnings ratio of 17.76 and a beta of 0.94.

First Trust Large Cap Core AlphaDEX Fund Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Thursday, September 24th were paid a dividend of $0.4077 per share. This is an increase from First Trust Large Cap Core AlphaDEX Fund’s previous quarterly dividend of $0.2669. The ex-dividend date was Thursday, September 24th. This represents a $1.63 annualized dividend and a dividend yield of 1.2%.

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.