First Trust Large Cap Value AlphaDEX Fund (NASDAQ:FTA) Short Interest Up 3,725.0% in January

First Trust Large Cap Value AlphaDEX Fund (NASDAQ:FTAGet Free Report) saw a large growth in short interest in the month of January. As of January 31st, there was short interest totalling 15,300 shares, a growth of 3,725.0% from the January 15th total of 400 shares. Based on an average daily volume of 62,500 shares, the days-to-cover ratio is currently 0.2 days.

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

Several institutional investors have recently made changes to their positions in FTA. Moisand Fitzgerald Tamayo LLC bought a new position in First Trust Large Cap Value AlphaDEX Fund in the fourth quarter worth approximately $32,000. Creative Capital Management Investments LLC bought a new position in shares of First Trust Large Cap Value AlphaDEX Fund in the 3rd quarter worth $34,000. Sunbelt Securities Inc. purchased a new stake in shares of First Trust Large Cap Value AlphaDEX Fund during the 1st quarter worth $49,000. Tucker Asset Management LLC boosted its position in First Trust Large Cap Value AlphaDEX Fund by 30.4% during the third quarter. Tucker Asset Management LLC now owns 1,219 shares of the company’s stock valued at $79,000 after purchasing an additional 284 shares in the last quarter. Finally, ICA Group Wealth Management LLC purchased a new position in First Trust Large Cap Value AlphaDEX Fund in the fourth quarter valued at about $81,000.

First Trust Large Cap Value AlphaDEX Fund Stock Up 0.4 %

FTA stock opened at $70.39 on Monday. The firm has a market cap of $1.15 billion, a price-to-earnings ratio of 13.46 and a beta of 1.11. First Trust Large Cap Value AlphaDEX Fund has a twelve month low of $61.47 and a twelve month high of $72.34. The business’s fifty day simple moving average is $70.14 and its two-hundred day simple moving average is $67.49.

First Trust Large Cap Value AlphaDEX Fund Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 29th. Shareholders of record on Tuesday, December 26th were issued a dividend of $0.4904 per share. The ex-dividend date of this dividend was Friday, December 22nd. This represents a $1.96 annualized dividend and a yield of 2.79%.

About First Trust Large Cap Value AlphaDEX Fund

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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.

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