Short Interest in First Trust Large Cap Value AlphaDEX Fund (NASDAQ:FTA) Expands By 26.7%

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First Trust Large Cap Value AlphaDEX Fund (NASDAQ:FTAGet Rating) was the target of a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 12,800 shares, an increase of 26.7% from the March 31st total of 10,100 shares. Based on an average daily trading volume, of 91,200 shares, the short-interest ratio is presently 0.1 days.

Large investors have recently made changes to their positions in the stock. UBS Group AG raised its holdings in First Trust Large Cap Value AlphaDEX Fund by 16.7% during the third quarter. UBS Group AG now owns 1,191,042 shares of the company’s stock valued at $76,727,000 after buying an additional 170,506 shares in the last quarter. Laurel Wealth Advisors Inc. bought a new position in shares of First Trust Large Cap Value AlphaDEX Fund in the fourth quarter worth about $11,291,000. Midwest Heritage Bank FSB bought a new position in shares of First Trust Large Cap Value AlphaDEX Fund in the fourth quarter worth about $8,876,000. Sterling Manor Financial LLC acquired a new stake in First Trust Large Cap Value AlphaDEX Fund during the first quarter worth about $7,839,000. Finally, Cottonwood Capital Advisors LLC acquired a new stake in First Trust Large Cap Value AlphaDEX Fund during the fourth quarter worth about $6,385,000.

Shares of First Trust Large Cap Value AlphaDEX Fund stock opened at $68.86 on Wednesday. First Trust Large Cap Value AlphaDEX Fund has a 12 month low of $63.31 and a 12 month high of $73.31. The business has a fifty day simple moving average of $69.80 and a 200-day simple moving average of $69.28.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 31st. Investors of record on Monday, March 28th were issued a dividend of $0.268 per share. The ex-dividend date of this dividend was Friday, March 25th. This represents a $1.07 annualized dividend and a dividend yield of 1.56%.

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