First Trust Large Cap Value AlphaDEX Fund (NASDAQ:FTA) Short Interest Up 336.2% in November

First Trust Large Cap Value AlphaDEX Fund (NASDAQ:FTA) was the target of a significant growth in short interest in the month of 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 daily volume of 39,800 shares, the short-interest ratio is currently 0.6 days.

Institutional Trading of First Trust Large Cap Value AlphaDEX Fund

A number of large investors have recently bought and sold shares of FTA. B. Riley Wealth Advisors Inc. grew its holdings in First Trust Large Cap Value AlphaDEX Fund by 54.4% during the 1st quarter. B. Riley Wealth Advisors Inc. now owns 13,225 shares of the company’s stock worth $1,010,000 after acquiring an additional 4,657 shares during the period. Atria Investments Inc grew its holdings in First Trust Large Cap Value AlphaDEX Fund by 8.5% during the 1st quarter. Atria Investments Inc now owns 33,590 shares of the company’s stock worth $2,566,000 after acquiring an additional 2,624 shares during the period. Cetera Investment Advisers grew its holdings in First Trust Large Cap Value AlphaDEX Fund by 145.7% during 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. Cetera Advisors LLC grew its holdings in First Trust Large Cap Value AlphaDEX Fund by 122.1% during 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, Park Avenue Securities LLC boosted its position in shares of First Trust Large Cap Value AlphaDEX Fund by 6.0% during the 2nd quarter. Park Avenue Securities LLC now owns 27,007 shares of the company’s stock worth $1,988,000 after purchasing an additional 1,540 shares in the last quarter.

First Trust Large Cap Value AlphaDEX Fund Price Performance

NASDAQ FTA traded up $0.10 on Wednesday, reaching $83.19. The company had a trading volume of 25,351 shares, compared to its average volume of 44,854. The firm has a market cap of $1.29 billion, a price-to-earnings ratio of 14.55 and a beta of 1.11. First Trust Large Cap Value AlphaDEX Fund has a fifty-two week low of $66.25 and a fifty-two week high of $83.93. The business has a 50 day moving average of $79.71 and a two-hundred day moving average of $76.89.

First Trust Large Cap Value AlphaDEX Fund Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were issued a dividend of $0.453 per share. This is an increase from First Trust Large Cap Value AlphaDEX Fund’s previous quarterly dividend of $0.33. This represents a $1.81 dividend on an annualized basis and a yield of 2.18%. The ex-dividend date of this dividend was Thursday, September 26th.

About First Trust Large Cap Value AlphaDEX Fund

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.