First Trust Large Cap Core AlphaDEX Fund (NASDAQ:FEX) Short Interest Up 109.0% in July

First Trust Large Cap Core AlphaDEX Fund (NASDAQ:FEX) saw a significant increase in short interest during the month of July. As of July 15th, there was short interest totalling 16,300 shares, an increase of 109.0% from the June 30th total of 7,800 shares. Based on an average daily trading volume, of 19,500 shares, the days-to-cover ratio is presently 0.8 days.

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

Several institutional investors and hedge funds have recently modified their holdings of the stock. International Assets Investment Management LLC bought a new stake in First Trust Large Cap Core AlphaDEX Fund in the fourth quarter worth $13,939,000. Wells Fargo & Company MN boosted its stake in First Trust Large Cap Core AlphaDEX Fund by 22.9% during the fourth quarter. Wells Fargo & Company MN now owns 509,705 shares of the company’s stock worth $45,957,000 after buying an additional 94,813 shares during the period. Coppell Advisory Solutions Corp. purchased a new stake in shares of First Trust Large Cap Core AlphaDEX Fund during the first quarter valued at $7,086,000. Osaic Holdings Inc. boosted its stake in shares of First Trust Large Cap Core AlphaDEX Fund by 33.0% during the first quarter. Osaic Holdings Inc. now owns 200,762 shares of the company’s stock valued at $19,924,000 after purchasing an additional 49,867 shares during the period. Finally, Kestra Advisory Services LLC boosted its stake in shares of First Trust Large Cap Core AlphaDEX Fund by 31.5% during the first quarter. Kestra Advisory Services LLC now owns 185,278 shares of the company’s stock valued at $18,387,000 after purchasing an additional 44,329 shares during the period.

First Trust Large Cap Core AlphaDEX Fund Stock Up 1.2 %

NASDAQ:FEX traded up $1.22 during trading hours on Friday, hitting $99.19. 7,937 shares of the stock traded hands, compared to its average volume of 23,937. First Trust Large Cap Core AlphaDEX Fund has a 1 year low of $76.65 and a 1 year high of $100.88. The company has a market cap of $1.23 billion, a price-to-earnings ratio of 17.45 and a beta of 1.06. The stock has a 50 day moving average price of $97.49 and a 200 day moving average price of $95.71.

First Trust Large Cap Core AlphaDEX Fund Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Stockholders of record on Thursday, June 27th were given a dividend of $0.255 per share. This represents a $1.02 annualized dividend and a dividend yield of 1.03%. The ex-dividend date of this dividend was Thursday, June 27th.

About First Trust Large Cap Core AlphaDEX Fund

First Trust Large Cap Core AlphaDEX Fund (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield of an equity index called the Defined Large Cap Core Index (the Index). The Index is an enhanced index created and administered by Standard & Poor’s, which employs the AlphaDEX stock selection methodology to select stocks from the S&P 500 Index.