First Trust Large Cap Value AlphaDEX Fund (NASDAQ:FTA) Short Interest Update

First Trust Large Cap Value AlphaDEX Fund (NASDAQ:FTA) saw a significant growth in short interest in November. As of November 15th, there was short interest totalling 25,300 shares, a growth of 336.2% from the October 31st total of 5,800 shares. Based on an average trading volume of 39,800 shares, the short-interest ratio is presently 0.6 days.

First Trust Large Cap Value AlphaDEX Fund Stock Up 0.4 %

Shares of First Trust Large Cap Value AlphaDEX Fund stock traded up $0.30 during trading hours on Friday, hitting $83.49. The company’s stock had a trading volume of 10,845 shares, compared to its average volume of 44,706. The company has a market capitalization of $1.29 billion, a PE ratio of 14.55 and a beta of 1.11. The business has a fifty day moving average of $79.89 and a 200 day moving average of $76.97. First Trust Large Cap Value AlphaDEX Fund has a 1-year low of $66.76 and a 1-year high of $83.93.

First Trust Large Cap Value AlphaDEX Fund Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were paid a $0.453 dividend. The ex-dividend date was Thursday, September 26th. This is an increase from First Trust Large Cap Value AlphaDEX Fund’s previous quarterly dividend of $0.33. This represents a $1.81 annualized dividend and a dividend yield of 2.17%.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. International Assets Investment Management LLC lifted its position in shares of First Trust Large Cap Value AlphaDEX Fund by 7,813.5% in the 3rd quarter. International Assets Investment Management LLC now owns 264,785 shares of the company’s stock worth $20,952,000 after buying an additional 261,439 shares during the last quarter. Cetera Investment Advisers increased its holdings in shares of First Trust Large Cap Value AlphaDEX Fund by 145.7% in the 1st quarter. Cetera Investment Advisers now owns 297,979 shares of the company’s stock worth $22,760,000 after acquiring an additional 176,714 shares during the period. Kaydan Wealth Management Inc. increased its holdings in shares of First Trust Large Cap Value AlphaDEX Fund by 31.9% in the 2nd quarter. Kaydan Wealth Management Inc. now owns 379,160 shares of the company’s stock worth $27,906,000 after acquiring an additional 91,805 shares during the period. Cetera Advisors LLC increased its holdings in shares of First Trust Large Cap Value AlphaDEX Fund by 122.1% in the 1st quarter. Cetera Advisors LLC now owns 83,499 shares of the company’s stock worth $6,378,000 after acquiring an additional 45,908 shares during the period. Finally, Benjamin Edwards Inc. increased its holdings in shares of First Trust Large Cap Value AlphaDEX Fund by 1,116.7% in the 3rd quarter. Benjamin Edwards Inc. now owns 38,132 shares of the company’s stock worth $3,017,000 after acquiring an additional 34,998 shares during the period.

First Trust Large Cap Value AlphaDEX Fund Company Profile

The First Trust Large Cap Value AlphaDEX Fund (FTA) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Large Cap Value index. The fund selects and weights value stocks using fundamental factors including sales, book value and cash flows. FTA was launched on May 8, 2007 and is managed by First Trust.