Short Interest in First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC) Increases By 3,100.0%

First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC) was the recipient of a significant growth in short interest in the month of July. As of July 15th, there was short interest totalling 9,600 shares, a growth of 3,100.0% from the June 30th total of 300 shares. Based on an average daily volume of 19,100 shares, the short-interest ratio is presently 0.5 days.

First Trust Large Cap Growth AlphaDEX Fund Trading Down 0.7 %

Shares of NASDAQ FTC opened at $120.11 on Friday. The firm’s 50-day moving average price is $122.50 and its 200-day moving average price is $119.30. First Trust Large Cap Growth AlphaDEX Fund has a 1-year low of $91.36 and a 1-year high of $126.97. The firm has a market capitalization of $1.07 billion, a P/E ratio of 21.72 and a beta of 1.04.

First Trust Large Cap Growth AlphaDEX Fund Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Thursday, June 27th were issued a $0.0518 dividend. The ex-dividend date of this dividend was Thursday, June 27th. This represents a $0.21 dividend on an annualized basis and a dividend yield of 0.17%.

Institutional Investors Weigh In On First Trust Large Cap Growth AlphaDEX Fund

A number of institutional investors and hedge funds have recently made changes to their positions in FTC. Raymond James Financial Services Advisors Inc. raised its holdings in shares of First Trust Large Cap Growth AlphaDEX Fund by 76.2% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 295,812 shares of the company’s stock worth $32,409,000 after acquiring an additional 127,881 shares during the last quarter. Well Done LLC acquired a new stake in shares of First Trust Large Cap Growth AlphaDEX Fund in the 4th quarter worth about $534,000. Moisand Fitzgerald Tamayo LLC acquired a new stake in shares of First Trust Large Cap Growth AlphaDEX Fund in the 4th quarter worth about $38,000. Saxon Interests Inc. acquired a new stake in shares of First Trust Large Cap Growth AlphaDEX Fund in the 4th quarter worth about $356,000. Finally, Patriot Financial Group Insurance Agency LLC acquired a new stake in shares of First Trust Large Cap Growth AlphaDEX Fund in the 4th quarter worth about $405,000.

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).