Short Interest in First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC) Grows By 983.3%

First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC) was the recipient of a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 6,500 shares, an increase of 983.3% from the December 15th total of 600 shares. Based on an average trading volume of 22,900 shares, the days-to-cover ratio is currently 0.3 days.

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

Several institutional investors have recently added to or reduced their stakes in the business. Jane Street Group LLC boosted its holdings in shares of First Trust Large Cap Growth AlphaDEX Fund by 56.5% in the third quarter. Jane Street Group LLC now owns 15,513 shares of the company’s stock worth $2,039,000 after acquiring an additional 5,602 shares during the period. IHT Wealth Management LLC boosted its stake in First Trust Large Cap Growth AlphaDEX Fund by 0.4% in the 3rd quarter. IHT Wealth Management LLC now owns 35,542 shares of the company’s stock worth $4,671,000 after purchasing an additional 139 shares during the period. Benjamin Edwards Inc. boosted its stake in First Trust Large Cap Growth AlphaDEX Fund by 4,103.6% in the 3rd quarter. Benjamin Edwards Inc. now owns 46,618 shares of the company’s stock worth $6,130,000 after purchasing an additional 45,509 shares during the period. Rockefeller Capital Management L.P. grew its holdings in First Trust Large Cap Growth AlphaDEX Fund by 4.0% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 14,385 shares of the company’s stock valued at $1,891,000 after buying an additional 558 shares in the last quarter. Finally, FMR LLC increased its position in shares of First Trust Large Cap Growth AlphaDEX Fund by 80.1% during the third quarter. FMR LLC now owns 1,799 shares of the company’s stock valued at $236,000 after buying an additional 800 shares during the period.

First Trust Large Cap Growth AlphaDEX Fund Stock Performance

NASDAQ:FTC traded down $1.26 during trading hours on Monday, reaching $136.62. The stock had a trading volume of 8,661 shares, compared to its average volume of 24,259. The stock has a market cap of $1.24 billion, a P/E ratio of 21.72 and a beta of 1.04. The stock has a 50 day simple moving average of $142.64 and a 200 day simple moving average of $132.33. First Trust Large Cap Growth AlphaDEX Fund has a 12-month low of $107.32 and a 12-month high of $149.16.

First Trust Large Cap Growth AlphaDEX Fund Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 13th were paid a $0.2752 dividend. The ex-dividend date was Friday, December 13th.

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).