First Trust Large Cap Value AlphaDEX Fund (NASDAQ:FTA) Short Interest Down 37.0% in January

First Trust Large Cap Value AlphaDEX Fund (NASDAQ:FTA) was the recipient of a significant decrease in short interest in January. As of January 15th, there was short interest totaling 29,331 shares, a decrease of 37.0% from the December 31st total of 46,584 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily volume of 55,487 shares, the short-interest ratio is currently 0.5 days. Based on an average daily volume of 55,487 shares, the short-interest ratio is currently 0.5 days. Approximately 0.2% of the company’s stock are sold short.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the business. Jones Financial Companies Lllp increased its holdings in First Trust Large Cap Value AlphaDEX Fund by 46.3% in the 1st quarter. Jones Financial Companies Lllp now owns 6,893 shares of the company’s stock valued at $529,000 after buying an additional 2,180 shares during the period. Wealth Enhancement Advisory Services LLC acquired a new stake in First Trust Large Cap Value AlphaDEX Fund during the second quarter valued at approximately $230,000. Farther Finance Advisors LLC boosted its stake in First Trust Large Cap Value AlphaDEX Fund by 197.0% in the 2nd quarter. Farther Finance Advisors LLC now owns 1,381 shares of the company’s stock valued at $109,000 after buying an additional 916 shares in the last quarter. Hilltop National Bank acquired a new stake in First Trust Large Cap Value AlphaDEX Fund in the 2nd quarter valued at $82,000. Finally, Trueblood Wealth Management LLC grew its position in First Trust Large Cap Value AlphaDEX Fund by 5.0% in the second quarter. Trueblood Wealth Management LLC now owns 39,090 shares of the company’s stock valued at $3,074,000 after acquiring an additional 1,857 shares during the period.

First Trust Large Cap Value AlphaDEX Fund Price Performance

NASDAQ FTA opened at $89.84 on Friday. First Trust Large Cap Value AlphaDEX Fund has a fifty-two week low of $66.01 and a fifty-two week high of $90.31. The stock’s 50-day moving average is $87.07 and its two-hundred day moving average is $83.83. The firm has a market cap of $1.23 billion, a P/E ratio of 13.54 and a beta of 0.91.

First Trust Large Cap Value AlphaDEX Fund Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Friday, December 12th were issued a dividend of $0.5233 per share. This represents a $2.09 annualized dividend and a yield of 2.3%. This is a boost from First Trust Large Cap Value AlphaDEX Fund’s previous quarterly dividend of $0.40. The ex-dividend date was Friday, December 12th.

First Trust Large Cap Value AlphaDEX Fund Company Profile

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.