First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC) Short Interest Down 16.6% in February

First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC) was the target of a large decrease in short interest in February. As of February 27th, there was short interest totaling 12,496 shares, a decrease of 16.6% from the February 12th total of 14,987 shares. Based on an average daily volume of 20,944 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.2% of the shares of the stock are sold short. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily volume of 20,944 shares, the days-to-cover ratio is presently 0.6 days.

First Trust Large Cap Growth AlphaDEX Fund Trading Up 1.4%

Shares of NASDAQ FTC traded up $2.17 during midday trading on Monday, hitting $157.26. 9,142 shares of the company’s stock were exchanged, compared to its average volume of 22,962. First Trust Large Cap Growth AlphaDEX Fund has a 12-month low of $113.13 and a 12-month high of $166.91. The company has a market cap of $1.23 billion, a price-to-earnings ratio of 28.68 and a beta of 1.12. The business’s fifty day moving average price is $162.92 and its two-hundred day moving average price is $160.97.

Institutional Trading of First Trust Large Cap Growth AlphaDEX Fund

Several institutional investors have recently added to or reduced their stakes in FTC. Arax Advisory Partners purchased a new position in First Trust Large Cap Growth AlphaDEX Fund during the 4th quarter valued at about $26,000. GPS Wealth Strategies Group LLC lifted its holdings in First Trust Large Cap Growth AlphaDEX Fund by 39.8% in the 3rd quarter. GPS Wealth Strategies Group LLC now owns 225 shares of the company’s stock worth $36,000 after buying an additional 64 shares during the period. Asset Dedication LLC grew its position in shares of First Trust Large Cap Growth AlphaDEX Fund by 124.2% in the 2nd quarter. Asset Dedication LLC now owns 1,083 shares of the company’s stock worth $164,000 after buying an additional 600 shares during the last quarter. Flagship Harbor Advisors LLC bought a new stake in shares of First Trust Large Cap Growth AlphaDEX Fund in the 4th quarter worth approximately $176,000. Finally, HRT Financial LP purchased a new position in shares of First Trust Large Cap Growth AlphaDEX Fund during the fourth quarter valued at approximately $202,000.

First Trust Large Cap Growth AlphaDEX Fund Company Profile

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). 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 Growth Index.