First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC) Short Interest Up 19,080.0% in September

First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC) saw a large growth in short interest during the month of September. As of September 15th, there was short interest totalling 95,900 shares, a growth of 19,080.0% from the August 31st total of 500 shares. Based on an average daily volume of 18,700 shares, the short-interest ratio is currently 5.1 days.

First Trust Large Cap Growth AlphaDEX Fund Trading Up 0.7 %

FTC opened at $131.45 on Friday. The stock’s 50 day simple moving average is $124.15 and its 200-day simple moving average is $122.20. The stock has a market cap of $1.18 billion, a PE ratio of 21.72 and a beta of 1.04. First Trust Large Cap Growth AlphaDEX Fund has a 1 year low of $91.36 and a 1 year high of $131.86.

First Trust Large Cap Growth AlphaDEX Fund Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Thursday, September 26th will be given a $0.0999 dividend. This represents a $0.40 annualized dividend and a yield of 0.30%. The ex-dividend date is Thursday, September 26th. This is a positive change from First Trust Large Cap Growth AlphaDEX Fund’s previous quarterly dividend of $0.05.

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

Several large investors have recently modified their holdings of the stock. Global Assets Advisory LLC bought a new position in First Trust Large Cap Growth AlphaDEX Fund during the 1st quarter valued at about $77,297,000. Commonwealth Equity Services LLC grew its position in First Trust Large Cap Growth AlphaDEX Fund by 1.2% during the 2nd quarter. Commonwealth Equity Services LLC now owns 185,084 shares of the company’s stock worth $22,678,000 after acquiring an additional 2,259 shares during the last quarter. Kingsview Wealth Management LLC increased its holdings in First Trust Large Cap Growth AlphaDEX Fund by 8.2% during the 1st quarter. Kingsview Wealth Management LLC now owns 180,882 shares of the company’s stock valued at $22,299,000 after purchasing an additional 13,733 shares in the last quarter. Cetera Investment Advisers raised its position in First Trust Large Cap Growth AlphaDEX Fund by 125.9% in the 1st quarter. Cetera Investment Advisers now owns 130,107 shares of the company’s stock valued at $16,040,000 after purchasing an additional 72,523 shares during the last quarter. Finally, U.S. Capital Wealth Advisors LLC boosted its stake in First Trust Large Cap Growth AlphaDEX Fund by 11.2% in the second quarter. U.S. Capital Wealth Advisors LLC now owns 86,814 shares of the company’s stock worth $10,637,000 after purchasing an additional 8,776 shares in the last quarter.

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).