First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC) Short Interest Update

First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC) was the target of a large decrease in short interest in the month of June. As of June 15th, there was short interest totalling 300 shares, a decrease of 66.7% from the May 31st total of 900 shares. Based on an average daily volume of 21,500 shares, the days-to-cover ratio is presently 0.0 days.

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 FTC. Citigroup Inc. raised its stake in First Trust Large Cap Growth AlphaDEX Fund by 4.2% in the 3rd quarter. Citigroup Inc. now owns 4,096 shares of the company’s stock valued at $396,000 after acquiring an additional 164 shares during the period. Integrated Wealth Concepts LLC increased its position in shares of First Trust Large Cap Growth AlphaDEX Fund by 66.1% during the third quarter. Integrated Wealth Concepts LLC now owns 110,227 shares of the company’s stock valued at $10,666,000 after buying an additional 43,851 shares during the period. Harbour Investments Inc. increased its position in shares of First Trust Large Cap Growth AlphaDEX Fund by 36.1% during the third quarter. Harbour Investments Inc. now owns 24,336 shares of the company’s stock valued at $2,355,000 after buying an additional 6,449 shares during the period. Tucker Asset Management LLC increased its position in shares of First Trust Large Cap Growth AlphaDEX Fund by 41.2% during the third quarter. Tucker Asset Management LLC now owns 562 shares of the company’s stock valued at $54,000 after buying an additional 164 shares during the period. Finally, Etfidea LLC increased its position in shares of First Trust Large Cap Growth AlphaDEX Fund by 4.9% during the third quarter. Etfidea LLC now owns 16,094 shares of the company’s stock valued at $1,557,000 after buying an additional 750 shares during the period.

First Trust Large Cap Growth AlphaDEX Fund Stock Performance

FTC traded up $0.62 during mid-day trading on Thursday, reaching $122.87. 17,873 shares of the stock were exchanged, compared to its average volume of 30,242. The stock has a market capitalization of $1.11 billion, a PE ratio of 21.72 and a beta of 1.04. The company has a 50 day moving average price of $120.48 and a two-hundred day moving average price of $117.21. First Trust Large Cap Growth AlphaDEX Fund has a 1 year low of $91.36 and a 1 year high of $124.20.

First Trust Large Cap Growth AlphaDEX Fund Dividend Announcement

The business also recently declared a dividend, which will be paid on Friday, June 28th. Investors of record on Thursday, June 27th will be issued a $0.0518 dividend. The ex-dividend date is Thursday, June 27th.

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).