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

First Trust Large Cap Value AlphaDEX Fund (NASDAQ:FTA) saw a significant increase in short interest in the month of December. As of December 31st, there was short interest totaling 46,584 shares, an increase of 21.1% from the December 15th total of 38,461 shares. Currently, 0.3% of the shares of the company are short sold. Based on an average daily volume of 29,229 shares, the short-interest ratio is presently 1.6 days. Based on an average daily volume of 29,229 shares, the short-interest ratio is presently 1.6 days. Currently, 0.3% of the shares of the company are short sold.

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

Several hedge funds have recently bought and sold shares of the company. Cullen Frost Bankers Inc. acquired a new stake in shares of First Trust Large Cap Value AlphaDEX Fund in the 3rd quarter valued at $25,000. Clear Investment Research LLC bought a new stake in shares of First Trust Large Cap Value AlphaDEX Fund during the 3rd quarter worth $44,000. CX Institutional acquired a new stake in First Trust Large Cap Value AlphaDEX Fund in the third quarter valued at about $48,000. Private Trust Co. NA grew its position in First Trust Large Cap Value AlphaDEX Fund by 42.6% in the third quarter. Private Trust Co. NA now owns 613 shares of the company’s stock valued at $51,000 after acquiring an additional 183 shares during the last quarter. Finally, Bessemer Group Inc. acquired a new position in First Trust Large Cap Value AlphaDEX Fund during the second quarter worth about $62,000.

First Trust Large Cap Value AlphaDEX Fund Trading Down 0.4%

FTA stock traded down $0.40 during trading hours on Monday, hitting $88.90. 19,635 shares of the stock were exchanged, compared to its average volume of 52,312. First Trust Large Cap Value AlphaDEX Fund has a 12 month low of $66.01 and a 12 month high of $89.54. The firm has a market capitalization of $1.22 billion, a P/E ratio of 13.54 and a beta of 0.91. The company has a 50-day simple moving average of $85.96 and a two-hundred day simple moving average of $83.31.

First Trust Large Cap Value AlphaDEX Fund Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Friday, December 12th were given a dividend of $0.5233 per share. This is an increase from First Trust Large Cap Value AlphaDEX Fund’s previous quarterly dividend of $0.40. This represents a $2.09 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend was Friday, December 12th.

About First Trust Large Cap Value AlphaDEX Fund

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.