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

First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC) saw a large decrease in short interest during the month of 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 daily volume of 32,300 shares, the short-interest ratio is presently 0.0 days.

First Trust Large Cap Growth AlphaDEX Fund Trading Down 1.0 %

Shares of FTC traded down $1.39 during trading hours on Friday, reaching $140.57. 6,289 shares of the company traded hands, compared to its average volume of 28,084. The stock’s fifty day moving average price is $141.68 and its 200 day moving average price is $131.06. The firm has a market cap of $1.15 billion, a price-to-earnings ratio of 21.72 and a beta of 1.04. First Trust Large Cap Growth AlphaDEX Fund has a 12-month low of $106.10 and a 12-month high of $149.16.

First Trust Large Cap Growth AlphaDEX Fund Dividend Announcement

The company also recently disclosed 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 is Friday, December 13th.

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

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Jane Street Group LLC boosted its stake in shares of First Trust Large Cap Growth AlphaDEX Fund by 56.5% during the third quarter. Jane Street Group LLC now owns 15,513 shares of the company’s stock valued at $2,039,000 after purchasing an additional 5,602 shares in the last quarter. IHT Wealth Management LLC lifted its holdings in First Trust Large Cap Growth AlphaDEX Fund by 0.4% during the third quarter. IHT Wealth Management LLC now owns 35,542 shares of the company’s stock worth $4,671,000 after buying an additional 139 shares during the period. Benjamin Edwards Inc. boosted its position in First Trust Large Cap Growth AlphaDEX Fund by 4,103.6% during the 3rd quarter. Benjamin Edwards Inc. now owns 46,618 shares of the company’s stock valued at $6,130,000 after acquiring an additional 45,509 shares in the last quarter. Rockefeller Capital Management L.P. increased its holdings in shares of First Trust Large Cap Growth AlphaDEX Fund by 4.0% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 14,385 shares of the company’s stock valued at $1,891,000 after acquiring an additional 558 shares during the period. Finally, FMR LLC raised its position in shares of First Trust Large Cap Growth AlphaDEX Fund by 80.1% in the 3rd quarter. FMR LLC now owns 1,799 shares of the company’s stock worth $236,000 after acquiring an additional 800 shares in the last quarter.

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).