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

First Trust Large Cap Value AlphaDEX Fund (NASDAQ:FTA) was the target of a significant increase in short interest during the month of September. As of September 30th, there was short interest totalling 11,400 shares, an increase of 75.4% from the September 15th total of 6,500 shares. Based on an average daily trading volume, of 37,200 shares, the short-interest ratio is currently 0.3 days.

First Trust Large Cap Value AlphaDEX Fund Stock Up 0.2 %

Shares of FTA stock traded up $0.12 on Monday, reaching $79.62. The stock had a trading volume of 30,313 shares, compared to its average volume of 45,665. First Trust Large Cap Value AlphaDEX Fund has a 12 month low of $61.47 and a 12 month high of $79.63. The firm has a market capitalization of $1.22 billion, a price-to-earnings ratio of 14.55 and a beta of 1.11. The firm’s 50-day moving average is $77.41 and its two-hundred day moving average is $75.57.

First Trust Large Cap Value AlphaDEX Fund Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were issued a dividend of $0.453 per share. This represents a $1.81 dividend on an annualized basis and a dividend yield of 2.28%. The ex-dividend date of this dividend was Thursday, September 26th. This is a boost from First Trust Large Cap Value AlphaDEX Fund’s previous quarterly dividend of $0.33.

Institutional Trading of First Trust Large Cap Value AlphaDEX Fund

Several institutional investors have recently added to or reduced their stakes in the company. ICA Group Wealth Management LLC raised its holdings in shares of First Trust Large Cap Value AlphaDEX Fund by 70.0% during the 2nd quarter. ICA Group Wealth Management LLC now owns 425 shares of the company’s stock worth $31,000 after buying an additional 175 shares in the last quarter. Pinnacle Bancorp Inc. bought a new stake in shares of First Trust Large Cap Value AlphaDEX Fund during the first quarter worth $74,000. Hilltop National Bank acquired a new position in shares of First Trust Large Cap Value AlphaDEX Fund during the second quarter worth $76,000. GPS Wealth Strategies Group LLC boosted its holdings in shares of First Trust Large Cap Value AlphaDEX Fund by 145.7% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 1,113 shares of the company’s stock valued at $82,000 after acquiring an additional 660 shares in the last quarter. Finally, Continuum Advisory LLC increased its holdings in First Trust Large Cap Value AlphaDEX Fund by 38.4% in the 2nd quarter. Continuum Advisory LLC now owns 1,193 shares of the company’s stock worth $88,000 after purchasing an additional 331 shares in the last quarter.

First Trust Large Cap Value AlphaDEX Fund Company Profile

The First Trust Large Cap Value AlphaDEX Fund (FTA) is an exchange-traded fund that is based on the NASDAQ AlphaDEX Large Cap Value index. The fund selects and weights value stocks using fundamental factors including sales, book value and cash flows. FTA was launched on May 8, 2007 and is managed by First Trust.