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

First Trust Large Cap Value AlphaDEX Fund (NASDAQ:FTA) was the recipient of a large increase in short interest in December. As of December 31st, there was short interest totalling 33,100 shares, an increase of 18.6% from the December 15th total of 27,900 shares. Based on an average daily trading volume, of 47,900 shares, the days-to-cover ratio is currently 0.7 days.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. GAMMA Investing LLC raised its holdings in First Trust Large Cap Value AlphaDEX Fund by 384.3% in the 4th quarter. GAMMA Investing LLC now owns 1,017 shares of the company’s stock valued at $78,000 after acquiring an additional 807 shares during the last quarter. SeaCrest Wealth Management LLC acquired a new position in First Trust Large Cap Value AlphaDEX Fund in the 3rd quarter valued at $201,000. 626 Financial LLC acquired a new stake in shares of First Trust Large Cap Value AlphaDEX Fund during the 3rd quarter worth $209,000. Concorde Asset Management LLC acquired a new stake in shares of First Trust Large Cap Value AlphaDEX Fund during the 2nd quarter worth $212,000. Finally, Sequoia Financial Advisors LLC acquired a new stake in shares of First Trust Large Cap Value AlphaDEX Fund during the 3rd quarter worth $215,000.

First Trust Large Cap Value AlphaDEX Fund Stock Performance

FTA stock traded up $0.28 on Friday, reaching $79.36. The company had a trading volume of 26,956 shares, compared to its average volume of 63,178. First Trust Large Cap Value AlphaDEX Fund has a 1 year low of $68.48 and a 1 year high of $83.93. The company’s fifty day moving average is $79.24 and its 200 day moving average is $78.05. The company has a market cap of $1.21 billion, a P/E ratio of 14.55 and a beta of 1.11.

First Trust Large Cap Value AlphaDEX Fund Dividend Announcement

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were issued a $0.4534 dividend. The ex-dividend date was Friday, December 13th.

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.