First Trust Large Cap Core AlphaDEX Fund (NASDAQ:FEX) Short Interest Update

First Trust Large Cap Core AlphaDEX Fund (NASDAQ:FEX) saw a large growth in short interest in August. As of August 15th, there was short interest totalling 41,300 shares, a growth of 32.8% from the July 31st total of 31,100 shares. Based on an average daily volume of 40,000 shares, the short-interest ratio is currently 1.0 days.

First Trust Large Cap Core AlphaDEX Fund Stock Up 1.2 %

FEX stock opened at $84.58 on Wednesday. First Trust Large Cap Core AlphaDEX Fund has a 52 week low of $71.62 and a 52 week high of $87.71. The stock has a market capitalization of $1.14 billion, a PE ratio of 15.41 and a beta of 1.06. The firm has a 50 day moving average of $84.66 and a 200 day moving average of $81.50.

First Trust Large Cap Core AlphaDEX Fund Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 30th. Shareholders of record on Wednesday, June 28th were given a dividend of $0.2439 per share. This represents a $0.98 dividend on an annualized basis and a yield of 1.15%. The ex-dividend date of this dividend was Tuesday, June 27th.

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

A number of institutional investors have recently bought and sold shares of the business. ICA Group Wealth Management LLC purchased a new position in shares of First Trust Large Cap Core AlphaDEX Fund during the 4th quarter valued at approximately $28,000. Sound Income Strategies LLC purchased a new position in shares of First Trust Large Cap Core AlphaDEX Fund during the 2nd quarter valued at approximately $42,000. Beacon Capital Management LLC increased its holdings in shares of First Trust Large Cap Core AlphaDEX Fund by 25.0% during the 1st quarter. Beacon Capital Management LLC now owns 681 shares of the company’s stock valued at $55,000 after purchasing an additional 136 shares in the last quarter. Credit Suisse AG increased its holdings in shares of First Trust Large Cap Core AlphaDEX Fund by 222.9% during the 3rd quarter. Credit Suisse AG now owns 859 shares of the company’s stock valued at $62,000 after purchasing an additional 593 shares in the last quarter. Finally, WealthPlan Investment Management LLC increased its holdings in shares of First Trust Large Cap Core AlphaDEX Fund by 1,512.9% during the 2nd quarter. WealthPlan Investment Management LLC now owns 1,000 shares of the company’s stock valued at $72,000 after purchasing an additional 938 shares in the last quarter.

About First Trust Large Cap Core AlphaDEX Fund

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.