First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC) Short Interest Update

First Trust Large Cap Growth AlphaDEX Fund (NASDAQ:FTC) saw a large growth in short interest during the month of August. As of August 31st, there was short interest totalling 10,100 shares, a growth of 65.6% from the August 15th total of 6,100 shares. Based on an average trading volume of 41,700 shares, the short-interest ratio is currently 0.2 days.

First Trust Large Cap Growth AlphaDEX Fund Price Performance

NASDAQ FTC opened at $99.88 on Friday. The company has a market cap of $993.81 million, a P/E ratio of 19.00 and a beta of 1.04. First Trust Large Cap Growth AlphaDEX Fund has a 12 month low of $84.56 and a 12 month high of $104.78. The company has a 50-day moving average of $101.35 and a 200-day moving average of $97.55.

First Trust Large Cap Growth AlphaDEX Fund Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 30th. Stockholders of record on Wednesday, June 28th were issued a $0.1326 dividend. The ex-dividend date was Tuesday, June 27th. This represents a $0.53 dividend on an annualized basis and a dividend yield of 0.53%.

Institutional Trading of First Trust Large Cap Growth AlphaDEX Fund

A number of institutional investors have recently modified their holdings of FTC. GPS Wealth Strategies Group LLC acquired a new position in First Trust Large Cap Growth AlphaDEX Fund during the first quarter valued at approximately $32,000. Tucker Asset Management LLC acquired a new position in shares of First Trust Large Cap Growth AlphaDEX Fund during the 1st quarter valued at $35,000. Belpointe Asset Management LLC purchased a new stake in First Trust Large Cap Growth AlphaDEX Fund during the 4th quarter worth $54,000. PFG Private Wealth Management LLC purchased a new stake in First Trust Large Cap Growth AlphaDEX Fund during the 2nd quarter worth $54,000. Finally, Ameritas Advisory Services LLC purchased a new position in First Trust Large Cap Growth AlphaDEX Fund in the first quarter valued at about $61,000.

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).