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

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First Trust Large Cap Value AlphaDEX Fund (NASDAQ:FTAGet Rating) was the target of a large growth in short interest in May. As of May 31st, there was short interest totalling 1,300 shares, a growth of 62.5% from the May 15th total of 800 shares. Based on an average daily volume of 71,900 shares, the short-interest ratio is presently 0.0 days.

Shares of NASDAQ FTA traded down $2.62 during midday trading on Tuesday, hitting $63.14. The stock had a trading volume of 188,592 shares, compared to its average volume of 90,393. First Trust Large Cap Value AlphaDEX Fund has a 1-year low of $62.88 and a 1-year high of $73.31. The company has a fifty day moving average price of $68.97 and a 200 day moving average price of $69.29.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 31st. Stockholders of record on Monday, March 28th were paid a $0.268 dividend. This represents a $1.07 annualized dividend and a dividend yield of 1.70%. The ex-dividend date was Friday, March 25th.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. True Link Financial Advisors LLC purchased a new stake in shares of First Trust Large Cap Value AlphaDEX Fund during the 4th quarter valued at about $39,000. Pacifica Partners Inc. increased its holdings in First Trust Large Cap Value AlphaDEX Fund by 28.6% during the 4th quarter. Pacifica Partners Inc. now owns 670 shares of the company’s stock worth $48,000 after purchasing an additional 149 shares during the last quarter. Comprehensive Financial Consultants Institutional Inc. purchased a new stake in First Trust Large Cap Value AlphaDEX Fund during the 4th quarter worth approximately $76,000. CWM LLC increased its holdings in First Trust Large Cap Value AlphaDEX Fund by 446.0% during the 1st quarter. CWM LLC now owns 1,436 shares of the company’s stock worth $101,000 after purchasing an additional 1,173 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in First Trust Large Cap Value AlphaDEX Fund by 71.3% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 1,564 shares of the company’s stock worth $110,000 after purchasing an additional 651 shares during the last quarter.

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