Short Interest in First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC) Decreases By 79.7%

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First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTCGet Rating) saw a large decrease in short interest in April. As of April 30th, there was short interest totalling 2,400 shares, a decrease of 79.7% from the April 15th total of 11,800 shares. Based on an average daily trading volume, of 56,700 shares, the days-to-cover ratio is presently 0.0 days.

FTC stock opened at $90.44 on Thursday. First Trust Large Cap Growth AlphaDEX Fund has a 12-month low of $90.18 and a 12-month high of $124.32. The company has a 50 day moving average of $101.83 and a two-hundred day moving average of $109.35.

The business also recently announced a quarterly dividend, which was paid on Thursday, March 31st. Shareholders of record on Monday, March 28th were given a $0.088 dividend. This is an increase from First Trust Large Cap Growth AlphaDEX Fund’s previous quarterly dividend of $0.04. The ex-dividend date was Friday, March 25th. This represents a $0.35 dividend on an annualized basis and a yield of 0.39%.

A number of hedge funds have recently added to or reduced their stakes in the business. Cetera Advisor Networks LLC raised its holdings in shares of First Trust Large Cap Growth AlphaDEX Fund by 12.7% during the 1st quarter. Cetera Advisor Networks LLC now owns 42,087 shares of the company’s stock valued at $4,491,000 after purchasing an additional 4,748 shares in the last quarter. Cetera Advisors LLC raised its holdings in shares of First Trust Large Cap Growth AlphaDEX Fund by 57.0% during the 1st quarter. Cetera Advisors LLC now owns 16,742 shares of the company’s stock valued at $1,786,000 after purchasing an additional 6,079 shares in the last quarter. Oppenheimer & Co. Inc. raised its holdings in shares of First Trust Large Cap Growth AlphaDEX Fund by 2.0% during the 1st quarter. Oppenheimer & Co. Inc. now owns 10,960 shares of the company’s stock valued at $1,169,000 after purchasing an additional 216 shares in the last quarter. Bank of New York Mellon Corp raised its holdings in shares of First Trust Large Cap Growth AlphaDEX Fund by 113.6% during the 1st quarter. Bank of New York Mellon Corp now owns 6,380 shares of the company’s stock valued at $681,000 after purchasing an additional 3,393 shares in the last quarter. Finally, Raymond James & Associates raised its holdings in shares of First Trust Large Cap Growth AlphaDEX Fund by 11.5% during the 1st quarter. Raymond James & Associates now owns 64,489 shares of the company’s stock valued at $6,881,000 after purchasing an additional 6,630 shares in the last quarter.

First Trust Large Cap Growth AlphaDEX Fund Company Profile (Get Rating)

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).

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