First Trust Large Cap Core AlphaDEX Fund (NASDAQ:FEX) Sees Large Growth in Short Interest

First Trust Large Cap Core AlphaDEX Fund (NASDAQ:FEXGet Free Report) was the target of a significant growth in short interest during the month of January. As of January 31st, there was short interest totalling 44,700 shares, a growth of 1,214.7% from the January 15th total of 3,400 shares. Based on an average daily trading volume, of 35,300 shares, the short-interest ratio is currently 1.3 days.

First Trust Large Cap Core AlphaDEX Fund Price Performance

FEX stock opened at $93.33 on Tuesday. The company’s 50-day moving average is $89.91 and its 200-day moving average is $85.31. The stock has a market capitalization of $1.15 billion, a PE ratio of 15.41 and a beta of 1.06. First Trust Large Cap Core AlphaDEX Fund has a 1 year low of $75.51 and a 1 year high of $93.71.

First Trust Large Cap Core AlphaDEX Fund Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, December 29th. Stockholders of record on Tuesday, December 26th were issued a $0.3994 dividend. The ex-dividend date of this dividend was Friday, December 22nd. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.71%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the stock. Peterson Financial Group Inc. grew its position in First Trust Large Cap Core AlphaDEX Fund by 33.1% during the fourth quarter. Peterson Financial Group Inc. now owns 3,772 shares of the company’s stock valued at $340,000 after acquiring an additional 938 shares during the last quarter. Focus Financial Network Inc. ADV purchased a new position in shares of First Trust Large Cap Core AlphaDEX Fund during the 4th quarter worth about $1,962,000. Stifel Financial Corp boosted its position in First Trust Large Cap Core AlphaDEX Fund by 1.8% in the 4th quarter. Stifel Financial Corp now owns 14,423 shares of the company’s stock valued at $1,300,000 after buying an additional 255 shares during the period. Advisory Services Network LLC boosted its position in First Trust Large Cap Core AlphaDEX Fund by 37.7% in the 4th quarter. Advisory Services Network LLC now owns 6,042 shares of the company’s stock valued at $545,000 after buying an additional 1,655 shares during the period. Finally, Tidemark LLC bought a new stake in First Trust Large Cap Core AlphaDEX Fund during the 4th quarter valued at $824,000.

First Trust Large Cap Core AlphaDEX Fund Company Profile

(Get Free Report)

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.

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