First Trust Large Cap Core AlphaDEX Fund (NASDAQ:FEX) Stock Short Interest Report for October

First Trust Large Cap Core AlphaDEX Fund (NASDAQ:FEX) was the target of a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 51,429 shares, an increase of 125.8% from the September 30th total of 22,773 shares. Approximately 0.4% of the shares of the company are sold short. Based on an average daily volume of 20,873 shares, the short-interest ratio is presently 2.5 days.

First Trust Large Cap Core AlphaDEX Fund Stock Down 0.9%

Shares of NASDAQ FEX opened at $137.63 on Friday. The firm has a 50-day moving average price of $136.25 and a 200 day moving average price of $132.04. The stock has a market capitalization of $1.59 billion, a price-to-earnings ratio of 17.76 and a beta of 0.94. First Trust Large Cap Core AlphaDEX Fund has a 52 week low of $111.75 and a 52 week high of $142.60.

First Trust Large Cap Core AlphaDEX Fund Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Investors of record on Thursday, September 24th were issued a $0.4077 dividend. The ex-dividend date was Thursday, September 24th. This is a positive change from First Trust Large Cap Core AlphaDEX Fund’s previous quarterly dividend of $0.2669. This represents a $1.63 dividend on an annualized basis and a yield of 1.2%.

Hedge Funds Weigh In On First Trust Large Cap Core AlphaDEX Fund

A number of institutional investors have recently added to or reduced their stakes in FEX. Bank of America Corp DE boosted its holdings in shares of First Trust Large Cap Core AlphaDEX Fund by 3.0% during the first quarter. Bank of America Corp DE now owns 234,821 shares of the company’s stock worth $28,631,000 after purchasing an additional 6,936 shares during the period. Cetera Investment Advisers boosted its stake in shares of First Trust Large Cap Core AlphaDEX Fund by 3.0% during the 1st quarter. Cetera Investment Advisers now owns 118,123 shares of the company’s stock worth $14,402,000 after acquiring an additional 3,454 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in First Trust Large Cap Core AlphaDEX Fund by 44.1% during the second quarter. Envestnet Asset Management Inc. now owns 86,559 shares of the company’s stock valued at $12,107,000 after purchasing an additional 26,490 shares during the last quarter. Ameritas Advisory Services LLC raised its holdings in First Trust Large Cap Core AlphaDEX Fund by 1,168.7% in the 2nd quarter. Ameritas Advisory Services LLC now owns 60,274 shares of the company’s stock worth $8,431,000 after acquiring an additional 55,523 shares during the period. Finally, Chicago Partners Investment Group LLC boosted its stake in First Trust Large Cap Core AlphaDEX Fund by 0.4% during the 3rd quarter. Chicago Partners Investment Group LLC now owns 54,499 shares of the company’s stock valued at $7,459,000 after purchasing an additional 206 shares during the period.

First Trust Large Cap Core AlphaDEX Fund Company Profile

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. Standard & Poor’s constructs the Index by ranking the stocks from the S&P 500 Index on growth factors, including 3, 6 and 12-month price appreciation, sales to price and one-year sales growth, and separately on value factors, including book value to price, cash flow to price and return on assets.